In June 2023, the Consumer Price Index had reached 158.4 in the province of Ontario in Canada. This represented an increase of almost 20 points compared to June 2020.
The Consumer Price Index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services.
In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year.
Monthly Consumer Price Index (CPI) in Ontario in Canada from June 2020 to June 2023
Characteristic
Consumer Price Index (CPI)
June 2023
158.4
May 2023
158.5
April 2023
157.9
March 2023
157.3
February 2023
156.4
January 2023
155.7
December 2022
154.8
November 2022
155.4
October 2022
155.2
September 2022
154.1
August 2022
154.1
July 2022
154.6
June 2022
154.4
May 2022
153.7
April 2022
151.6
March 2022
150.8
February 2022
148.8
January 2022
147.4
December 2021
146
November 2021
146
October 2021
145.7
September 2021
144.4
August 2021
144.1
July 2021
143.7
June 2021
143.1
May 2021
142.6
April 2021
141.8
March 2021
141
February 2021
140.2
January 2021
139.5
December 2020
138.8
November 2020
139
October 2020
138.9
September 2020
138.3
August 2020
138.6
July 2020
138.8
June 2020
138.6
Zoomable Statistic: Select the range in the chart you want to zoom in on.
Base: 2002 = 100. The year 2002 is the base year used to calculate the index value.
Adapted from Statistics Canada, statcan.gc.ca, June 2020 to June 2023. This does not constitute an endorsement by Statistics Canada of this product.
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StatCan. (July 18, 2023). Monthly Consumer Price Index (CPI) in Ontario in Canada from June 2020 to June 2023 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1321591/monthly-consumer-price-index-ontario/
StatCan. "Monthly Consumer Price Index (CPI) in Ontario in Canada from June 2020 to June 2023." Chart. July 18, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1321591/monthly-consumer-price-index-ontario/
StatCan. (2023). Monthly Consumer Price Index (CPI) in Ontario in Canada from June 2020 to June 2023. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1321591/monthly-consumer-price-index-ontario/
StatCan. "Monthly Consumer Price Index (Cpi) in Ontario in Canada from June 2020 to June 2023." Statista, Statista Inc., 18 Jul 2023, https://www.statista.com/statistics/1321591/monthly-consumer-price-index-ontario/
StatCan, Monthly Consumer Price Index (CPI) in Ontario in Canada from June 2020 to June 2023 Statista, https://www.statista.com/statistics/1321591/monthly-consumer-price-index-ontario/ (last visited November 09, 2024)
Monthly Consumer Price Index (CPI) in Ontario in Canada from June 2020 to June 2023 [Graph], StatCan, July 18, 2023. [Online]. Available: https://www.statista.com/statistics/1321591/monthly-consumer-price-index-ontario/