Economic Outlook No 117 — Consumer price index in Canada

Canada: Economic Outlook No 117 — Consumer price index was 1.29 in 2026. ▲ Rising

Latest (2026)
1.29
Change on year
up 2.1%
World rank
19th
of 28 countries
All-time high
1.29
in 2026
All-time low
0.6439
in 1992
Years of data
35
1992–2026

Economic Outlook No 117 — Consumer price index in Canada, 1992–2026

00.511.51992200920261992: 0.6441993: 0.6561994: 0.6571995: 0.6711996: 0.6821997: 0.6931998: 0.71999: 0.7122000: 0.7312001: 0.752002: 0.7672003: 0.7882004: 0.8022005: 0.822006: 0.8372007: 0.8542008: 0.8752009: 0.8772010: 0.8932011: 0.9192012: 0.9332013: 0.9412014: 0.962015: 0.972016: 0.9842017: 12018: 12019: 12020: 12021: 1.12022: 1.22023: 1.22024: 1.22025: 1.32026: 1.3

Source: Organisation for Economic Co-operation and Development.

Analysis

Canada recorded 1.29 for economic outlook no 117 — consumer price index in 2026. That is the highest value across all 35 years on record.

The figure is up 2.1% on the previous year and up 30.7% over ten years.

Over the whole period, economic outlook no 117 — consumer price index in Canada peaked at 1.29 in 2026 and was at its lowest, 0.6439, in 1992.

Canada ranks 19th of 28 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Economic Outlook No 117 — Consumer price index in Canada, year by year

Annual values for Economic Outlook No 117 — Consumer price index in Canada, 1992 to 2026.
Year Value Change
1992 0.6439
1993 0.6559 +1.9%
1994 0.6568 +0.1%
1995 0.6712 +2.2%
1996 0.6818 +1.6%
1997 0.6928 +1.6%
1998 0.6996 +1.0%
1999 0.7118 +1.7%
2000 0.7313 +2.7%
2001 0.7496 +2.5%
2002 0.7667 +2.3%
2003 0.7877 +2.7%
2004 0.8022 +1.8%
2005 0.8201 +2.2%
2006 0.8366 +2.0%
2007 0.8545 +2.1%
2008 0.8748 +2.4%
2009 0.8775 +0.3%
2010 0.893 +1.8%
2011 0.9188 +2.9%
2012 0.9329 +1.5%
2013 0.9415 +0.9%
2014 0.9596 +1.9%
2015 0.9703 +1.1%
2016 0.9842 +1.4%
2017 1 +1.6%
2018 1.02 +2.2%
2019 1.04 +2.0%
2020 1.05 +0.7%
2021 1.09 +3.4%
2022 1.16 +6.8%
2023 1.2 +3.9%
2024 1.23 +2.4%
2025 1.26 +2.1%
2026 1.29 +2.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6767 0.6439 0.7118 8
2000s 0.8101 0.7313 0.8775 10
2010s 0.9665 0.893 1.04 10
2020s 1.18 1.05 1.29 7

Countries ranked near Canada

  1. 16 Czechia 1.42 compare
  2. 17 United States 1.37 compare
  3. 18 OECD 1.32 compare
  4. 20 Israel 1.22 compare
  5. 21 Costa Rica 1.21 compare
  6. 22 Denmark 1.19 compare

See the full ranking of 31 places →

More economy & growth data for Canada

All data for Canada →

Frequently asked questions

What is economic outlook no 117 — consumer price index in Canada?
Economic outlook no 117 — consumer price index in Canada was 1.29 in 2026, according to Organisation for Economic Co-operation and Development.
What is the highest economic outlook no 117 — consumer price index recorded in Canada?
The highest recorded value was 1.29 in 2026.
What is the lowest economic outlook no 117 — consumer price index recorded in Canada?
The lowest recorded value was 0.6439 in 1992.
How does Canada rank for economic outlook no 117 — consumer price index?
Canada ranks 19th out of 28 countries with data for 2026.
Is economic outlook no 117 — consumer price index rising or falling in Canada?
Over the last ten years it is up 30.7%. The long-run trend across the full record is rising.
Where does this Canada data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 117 — Consumer price index. Statizoid updates them automatically from the source API.

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Economic Outlook No 117 — Consumer price index in Canada. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 30 August 2026, from https://economy.statizoid.com/stat/economic-outlook-no-117-consumer-price-index/canada/

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About this data

Indicator
Economic Outlook No 117 — Consumer price index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
31 places, 1,580 data points, 1960–2026
Last refreshed

The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP