Monthly inflation rate in Canada 2019-2022
Since July 2020, the inflation rate in Canada has been increasing at a steady pace. It amounted to 0.1 percent at that time, but had reached 6.9 percent by October 2022, a rise that was mainly driven by rising gas prices.
By the end of September 2022, the Consumer Price Index (CPI) of Canada, which is the official measure of inflation, had increased by 0.1 percent from the previous month.
By the end of September 2022, the Consumer Price Index (CPI) of Canada, which is the official measure of inflation, had increased by 0.1 percent from the previous month.
