CPI: Measure of core inflation based on a factor model, CPI-common (year-over-year percent change), Canada

(SC_18100256_108785713)
Observations
Sep 2026: 2.4
Updated: 2026-11-02, 10:32:37 a.m. ET
Units
Percent,
Frequency
Monthly
Source
Statistics Canada, Consumer Price Index
Series ID
SC_18100256_108785713
Table 18-10-0256-01
CREDCPI: Measure of core inflation based on a factor model, CPI-common (year-over-year percent change), Canada
COVID-19 recessionGlobal Financial CrisisEarly 1990s recession12345671990199419982002200620102014201820222026Percent1990-01-01: 4.11990-02-01: 3.91990-03-01: 3.91990-04-01: 3.81990-05-01: 41990-06-01: 41990-07-01: 3.91990-08-01: 3.81990-09-01: 3.91990-10-01: 3.91990-11-01: 41990-12-01: 41991-01-01: 4.21991-02-01: 4.21991-03-01: 41991-04-01: 3.91991-05-01: 3.61991-06-01: 3.71991-07-01: 3.41991-08-01: 3.21991-09-01: 2.91991-10-01: 2.31991-11-01: 2.11991-12-01: 21992-01-01: 1.61992-02-01: 1.31992-03-01: 1.21992-04-01: 1.11992-05-01: 11992-06-01: 0.81992-07-01: 1.11992-08-01: 1.21992-09-01: 1.31992-10-01: 1.51992-11-01: 1.61992-12-01: 1.81993-01-01: 1.81993-02-01: 1.91993-03-01: 1.71993-04-01: 1.81993-05-01: 1.61993-06-01: 1.71993-07-01: 1.41993-08-01: 1.31993-09-01: 1.41993-10-01: 1.61993-11-01: 1.41993-12-01: 1.51994-01-01: 1.21994-02-01: 1.31994-03-01: 1.21994-04-01: 1.11994-05-01: 0.91994-06-01: 0.91994-07-01: 0.91994-08-01: 0.81994-09-01: 0.81994-10-01: 0.61994-11-01: 0.81994-12-01: 0.91995-01-01: 1.11995-02-01: 1.21995-03-01: 1.51995-04-01: 1.51995-05-01: 1.91995-06-01: 1.91995-07-01: 21995-08-01: 21995-09-01: 1.91995-10-01: 21995-11-01: 1.81995-12-01: 1.61996-01-01: 1.31996-02-01: 1.21996-03-01: 1.21996-04-01: 1.31996-05-01: 1.31996-06-01: 1.31996-07-01: 1.21996-08-01: 1.21996-09-01: 1.31996-10-01: 1.41996-11-01: 1.51996-12-01: 1.61997-01-01: 1.71997-02-01: 1.61997-03-01: 1.71997-04-01: 1.61997-05-01: 1.51997-06-01: 1.61997-07-01: 1.51997-08-01: 1.51997-09-01: 1.41997-10-01: 1.41997-11-01: 1.21997-12-01: 1.31998-01-01: 1.41998-02-01: 1.61998-03-01: 1.51998-04-01: 1.51998-05-01: 1.61998-06-01: 1.61998-07-01: 1.71998-08-01: 1.81998-09-01: 1.81998-10-01: 1.81998-11-01: 21998-12-01: 1.91999-01-01: 1.91999-02-01: 1.81999-03-01: 1.81999-04-01: 21999-05-01: 21999-06-01: 21999-07-01: 1.91999-08-01: 1.81999-09-01: 1.91999-10-01: 1.81999-11-01: 1.81999-12-01: 1.82000-01-01: 1.42000-02-01: 1.72000-03-01: 1.82000-04-01: 1.52000-05-01: 1.62000-06-01: 1.62000-07-01: 1.82000-08-01: 1.92000-09-01: 1.82000-10-01: 1.82000-11-01: 22000-12-01: 2.12001-01-01: 2.42001-02-01: 2.32001-03-01: 2.32001-04-01: 2.52001-05-01: 2.52001-06-01: 2.52001-07-01: 2.62001-08-01: 2.52001-09-01: 2.52001-10-01: 2.62001-11-01: 2.32001-12-01: 2.42002-01-01: 2.42002-02-01: 2.42002-03-01: 2.32002-04-01: 2.42002-05-01: 2.22002-06-01: 2.22002-07-01: 2.22002-08-01: 2.32002-09-01: 2.22002-10-01: 22002-11-01: 2.32002-12-01: 2.12003-01-01: 2.32003-02-01: 2.22003-03-01: 2.12003-04-01: 1.92003-05-01: 1.92003-06-01: 1.92003-07-01: 1.82003-08-01: 1.82003-09-01: 1.92003-10-01: 1.92003-11-01: 1.82003-12-01: 22004-01-01: 1.62004-02-01: 1.62004-03-01: 1.72004-04-01: 1.92004-05-01: 1.82004-06-01: 1.92004-07-01: 1.82004-08-01: 1.82004-09-01: 1.72004-10-01: 1.82004-11-01: 1.92004-12-01: 1.92005-01-01: 22005-02-01: 1.92005-03-01: 1.92005-04-01: 22005-05-01: 1.92005-06-01: 22005-07-01: 22005-08-01: 2.12005-09-01: 2.12005-10-01: 1.92005-11-01: 22005-12-01: 1.92006-01-01: 2.12006-02-01: 22006-03-01: 22006-04-01: 1.82006-05-01: 1.92006-06-01: 1.72006-07-01: 1.92006-08-01: 22006-09-01: 2.12006-10-01: 2.32006-11-01: 2.32006-12-01: 2.12007-01-01: 2.12007-02-01: 2.42007-03-01: 2.42007-04-01: 2.52007-05-01: 2.52007-06-01: 2.52007-07-01: 2.42007-08-01: 2.32007-09-01: 2.22007-10-01: 22007-11-01: 1.92007-12-01: 1.92008-01-01: 22008-02-01: 1.92008-03-01: 1.82008-04-01: 1.92008-05-01: 22008-06-01: 2.22008-07-01: 2.22008-08-01: 2.42008-09-01: 2.72008-10-01: 2.72008-11-01: 3.22008-12-01: 3.22009-01-01: 3.12009-02-01: 3.12009-03-01: 3.32009-04-01: 3.22009-05-01: 3.32009-06-01: 3.22009-07-01: 32009-08-01: 2.72009-09-01: 2.62009-10-01: 2.52009-11-01: 2.12009-12-01: 22010-01-01: 1.82010-02-01: 1.82010-03-01: 1.62010-04-01: 1.42010-05-01: 1.12010-06-01: 1.12010-07-01: 1.22010-08-01: 1.22010-09-01: 12010-10-01: 1.22010-11-01: 12010-12-01: 1.22011-01-01: 1.32011-02-01: 1.22011-03-01: 1.72011-04-01: 1.62011-05-01: 1.92011-06-01: 1.82011-07-01: 1.92011-08-01: 22011-09-01: 2.12011-10-01: 22011-11-01: 2.12011-12-01: 22012-01-01: 22012-02-01: 2.22012-03-01: 1.72012-04-01: 22012-05-01: 1.82012-06-01: 1.82012-07-01: 1.72012-08-01: 1.72012-09-01: 1.52012-10-01: 1.62012-11-01: 1.62012-12-01: 1.52013-01-01: 1.42013-02-01: 1.52013-03-01: 1.52013-04-01: 1.32013-05-01: 1.22013-06-01: 1.22013-07-01: 1.32013-08-01: 1.12013-09-01: 1.32013-10-01: 1.22013-11-01: 12013-12-01: 1.22014-01-01: 1.32014-02-01: 1.32014-03-01: 1.42014-04-01: 1.42014-05-01: 1.42014-06-01: 1.52014-07-01: 1.52014-08-01: 1.52014-09-01: 1.52014-10-01: 1.62014-11-01: 1.82014-12-01: 1.72015-01-01: 1.92015-02-01: 1.72015-03-01: 1.72015-04-01: 1.82015-05-01: 1.92015-06-01: 22015-07-01: 22015-08-01: 22015-09-01: 22015-10-01: 2.12015-11-01: 2.12015-12-01: 2.12016-01-01: 2.12016-02-01: 2.12016-03-01: 2.12016-04-01: 2.12016-05-01: 1.92016-06-01: 1.82016-07-01: 1.82016-08-01: 1.72016-09-01: 1.52016-10-01: 1.42016-11-01: 1.22016-12-01: 1.32017-01-01: 1.22017-02-01: 1.22017-03-01: 1.12017-04-01: 1.12017-05-01: 12017-06-01: 1.12017-07-01: 1.22017-08-01: 1.32017-09-01: 1.32017-10-01: 1.42017-11-01: 1.42017-12-01: 1.52018-01-01: 1.62018-02-01: 1.82018-03-01: 1.82018-04-01: 1.82018-05-01: 1.72018-06-01: 1.82018-07-01: 1.92018-08-01: 1.92018-09-01: 1.82018-10-01: 1.82018-11-01: 1.82018-12-01: 1.72019-01-01: 1.82019-02-01: 1.92019-03-01: 1.92019-04-01: 22019-05-01: 2.12019-06-01: 2.12019-07-01: 2.22019-08-01: 22019-09-01: 2.32019-10-01: 2.32019-11-01: 2.42019-12-01: 2.32020-01-01: 2.22020-02-01: 22020-03-01: 1.72020-04-01: 1.72020-05-01: 1.52020-06-01: 1.62020-07-01: 1.42020-08-01: 1.52020-09-01: 1.52020-10-01: 1.72020-11-01: 1.72020-12-01: 1.62021-01-01: 1.62021-02-01: 1.62021-03-01: 22021-04-01: 2.12021-05-01: 2.42021-06-01: 2.52021-07-01: 2.62021-08-01: 2.82021-09-01: 32021-10-01: 2.92021-11-01: 3.12021-12-01: 3.22022-01-01: 3.62022-02-01: 42022-03-01: 4.42022-04-01: 4.82022-05-01: 5.32022-06-01: 5.52022-07-01: 5.72022-08-01: 5.72022-09-01: 5.82022-10-01: 5.82022-11-01: 6.12022-12-01: 62023-01-01: 6.12023-02-01: 5.92023-03-01: 5.72023-04-01: 5.52023-05-01: 5.22023-06-01: 5.12023-07-01: 4.82023-08-01: 4.82023-09-01: 4.32023-10-01: 4.12023-11-01: 3.92023-12-01: 3.82024-01-01: 3.32024-02-01: 3.12024-03-01: 2.82024-04-01: 2.52024-05-01: 2.42024-06-01: 2.32024-07-01: 2.22024-08-01: 22024-09-01: 2.12024-10-01: 2.22024-11-01: 22024-12-01: 2.12025-01-01: 2.22025-02-01: 2.52025-03-01: 2.42025-04-01: 2.52025-05-01: 2.62025-06-01: 2.62025-07-01: 2.62025-08-01: 2.62025-09-01: 2.82025-10-01: 2.72025-11-01: 2.82025-12-01: 2.92026-01-01: 2.72026-02-01: 2.52026-03-01: 2.62026-04-01: 2.62026-05-01: 2.72026-06-01: 2.62026-07-01: 2.72026-08-01: 2.62026-09-01: 2.4
Source: Statistics Canada, Consumer Price Index via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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Notes

Units: Percent

Frequency: Monthly

Notes: Measure of core inflation based on a factor model, CPI-common (year-over-year percent change). From the Consumer Price Index (Statistics Canada), table 18-10-0256-01. Expressed in percent; published monthly.

Suggested Citation: Statistics Canada, CPI: Measure of core inflation based on a factor model, CPI-common (year-over-year percent change), Canada SC_18100256_108785713, retrieved from CRED, Canadian Research Economic Data; https://cred.nshipyard.com/series/SC_18100256_108785713, November 2, 2026.

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CREDConsumer Price Index, All-items
COVID-19 recession130135140145150155160165170175201620182020202220242026Index, 2002=1002016-10-01: 129.12016-11-01: 128.62016-12-01: 128.42017-01-01: 129.52017-02-01: 129.72017-03-01: 129.92017-04-01: 130.42017-05-01: 130.52017-06-01: 130.42017-07-01: 130.42017-08-01: 130.52017-09-01: 130.82017-10-01: 130.92017-11-01: 131.32017-12-01: 130.82018-01-01: 131.72018-02-01: 132.52018-03-01: 132.92018-04-01: 133.32018-05-01: 133.42018-06-01: 133.62018-07-01: 134.32018-08-01: 134.22018-09-01: 133.72018-10-01: 134.12018-11-01: 133.52018-12-01: 133.42019-01-01: 133.62019-02-01: 134.52019-03-01: 135.42019-04-01: 1362019-05-01: 136.62019-06-01: 136.32019-07-01: 1372019-08-01: 136.82019-09-01: 136.22019-10-01: 136.62019-11-01: 136.42019-12-01: 136.42020-01-01: 136.82020-02-01: 137.42020-03-01: 136.62020-04-01: 135.72020-05-01: 136.12020-06-01: 137.22020-07-01: 137.22020-08-01: 1372020-09-01: 136.92020-10-01: 137.52020-11-01: 137.72020-12-01: 137.42021-01-01: 138.22021-02-01: 138.92021-03-01: 139.62021-04-01: 140.32021-05-01: 1412021-06-01: 141.42021-07-01: 142.32021-08-01: 142.62021-09-01: 142.92021-10-01: 143.92021-11-01: 144.22021-12-01: 1442022-01-01: 145.32022-02-01: 146.82022-03-01: 148.92022-04-01: 149.82022-05-01: 151.92022-06-01: 152.92022-07-01: 153.12022-08-01: 152.62022-09-01: 152.72022-10-01: 153.82022-11-01: 1542022-12-01: 153.12023-01-01: 153.92023-02-01: 154.52023-03-01: 155.32023-04-01: 156.42023-05-01: 1572023-06-01: 157.22023-07-01: 158.12023-08-01: 158.72023-09-01: 158.52023-10-01: 158.62023-11-01: 158.82023-12-01: 158.32024-01-01: 158.32024-02-01: 158.82024-03-01: 159.82024-04-01: 160.62024-05-01: 161.52024-06-01: 161.42024-07-01: 162.12024-08-01: 161.82024-09-01: 161.12024-10-01: 161.82024-11-01: 161.82024-12-01: 161.22025-01-01: 161.32025-02-01: 1632025-03-01: 163.52025-04-01: 163.42025-05-01: 164.32025-06-01: 164.42025-07-01: 164.92025-08-01: 164.82025-09-01: 164.92025-10-01: 165.32025-11-01: 165.42025-12-01: 1652026-01-01: 1652026-02-01: 165.92026-03-01: 167.42026-04-01: 1682026-05-01: 169.62026-06-01: 1692026-07-01: 169.92026-08-01: 169.82026-09-01: 170
Source: Statistics Canada, Consumer Price Index via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

Consumer Price Index, All-items

CREDConsumer Price Index, All-items (Seasonally Adjusted)
COVID-19 recession130135140145150155160165170175201620182020202220242026Index, 2002=1002016-10-01: 129.12016-11-01: 128.92016-12-01: 129.32017-01-01: 130.12017-02-01: 129.92017-03-01: 129.72017-04-01: 130.12017-05-01: 129.92017-06-01: 129.92017-07-01: 130.12017-08-01: 130.42017-09-01: 130.72017-10-01: 130.92017-11-01: 131.72017-12-01: 131.82018-01-01: 132.32018-02-01: 132.62018-03-01: 132.72018-04-01: 132.82018-05-01: 132.92018-06-01: 133.12018-07-01: 133.72018-08-01: 133.92018-09-01: 133.82018-10-01: 134.22018-11-01: 1342018-12-01: 134.32019-01-01: 134.32019-02-01: 134.72019-03-01: 135.22019-04-01: 135.62019-05-01: 1362019-06-01: 135.92019-07-01: 136.42019-08-01: 136.42019-09-01: 136.32019-10-01: 136.72019-11-01: 136.82019-12-01: 137.32020-01-01: 137.52020-02-01: 137.72020-03-01: 136.32020-04-01: 135.62020-05-01: 135.42020-06-01: 136.52020-07-01: 136.52020-08-01: 136.82020-09-01: 137.12020-10-01: 137.52020-11-01: 1382020-12-01: 138.52021-01-01: 139.12021-02-01: 139.42021-03-01: 139.52021-04-01: 139.92021-05-01: 140.32021-06-01: 140.72021-07-01: 141.42021-08-01: 142.32021-09-01: 143.12021-10-01: 143.92021-11-01: 144.52021-12-01: 145.22022-01-01: 146.32022-02-01: 147.32022-03-01: 148.92022-04-01: 149.42022-05-01: 151.12022-06-01: 152.22022-07-01: 152.22022-08-01: 152.12022-09-01: 152.82022-10-01: 153.72022-11-01: 154.32022-12-01: 154.22023-01-01: 154.92023-02-01: 155.12023-03-01: 155.32023-04-01: 156.12023-05-01: 156.22023-06-01: 156.62023-07-01: 157.22023-08-01: 158.32023-09-01: 158.62023-10-01: 158.52023-11-01: 1592023-12-01: 159.42024-01-01: 159.42024-02-01: 159.42024-03-01: 159.82024-04-01: 160.32024-05-01: 160.72024-06-01: 160.82024-07-01: 161.22024-08-01: 161.32024-09-01: 161.22024-10-01: 161.72024-11-01: 1622024-12-01: 162.32025-01-01: 162.52025-02-01: 163.52025-03-01: 163.52025-04-01: 163.12025-05-01: 163.52025-06-01: 163.92025-07-01: 1642025-08-01: 164.32025-09-01: 1652025-10-01: 165.22025-11-01: 165.62025-12-01: 166.12026-01-01: 166.22026-02-01: 166.52026-03-01: 167.32026-04-01: 167.92026-05-01: 168.62026-06-01: 168.52026-07-01: 168.92026-08-01: 169.42026-09-01: 170
Source: Statistics Canada, Consumer Price Index via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

Consumer Price Index, All-items (Seasonally Adjusted)

CREDCPI: Shelter
COVID-19 recession140150160170180190200201620182020202220242026Index, 2002=1002016-10-01: 136.92016-11-01: 137.22016-12-01: 137.32017-01-01: 137.82017-02-01: 137.62017-03-01: 137.72017-04-01: 137.92017-05-01: 137.72017-06-01: 137.82017-07-01: 137.72017-08-01: 1382017-09-01: 138.12017-10-01: 138.62017-11-01: 138.92017-12-01: 139.22018-01-01: 139.72018-02-01: 1402018-03-01: 1402018-04-01: 140.32018-05-01: 140.42018-06-01: 140.52018-07-01: 1412018-08-01: 141.22018-09-01: 141.52018-10-01: 1422018-11-01: 142.32018-12-01: 142.32019-01-01: 1432019-02-01: 143.42019-03-01: 143.82019-04-01: 144.12019-05-01: 144.22019-06-01: 1442019-07-01: 144.32019-08-01: 144.62019-09-01: 144.82019-10-01: 145.72019-11-01: 145.92019-12-01: 146.32020-01-01: 146.42020-02-01: 146.72020-03-01: 146.52020-04-01: 1462020-05-01: 145.62020-06-01: 146.42020-07-01: 146.42020-08-01: 146.82020-09-01: 147.32020-10-01: 148.32020-11-01: 148.72020-12-01: 148.72021-01-01: 148.42021-02-01: 148.82021-03-01: 1502021-04-01: 150.72021-05-01: 151.72021-06-01: 152.82021-07-01: 153.52021-08-01: 153.92021-09-01: 154.42021-10-01: 155.42021-11-01: 155.92021-12-01: 156.82022-01-01: 157.62022-02-01: 158.62022-03-01: 160.22022-04-01: 161.92022-05-01: 1632022-06-01: 163.62022-07-01: 164.22022-08-01: 164.12022-09-01: 164.92022-10-01: 166.22022-11-01: 167.22022-12-01: 167.82023-01-01: 1682023-02-01: 168.32023-03-01: 168.92023-04-01: 169.92023-05-01: 170.62023-06-01: 171.42023-07-01: 172.62023-08-01: 1742023-09-01: 174.82023-10-01: 176.32023-11-01: 177.12023-12-01: 177.82024-01-01: 178.42024-02-01: 179.22024-03-01: 179.92024-04-01: 180.82024-05-01: 181.52024-06-01: 182.12024-07-01: 182.52024-08-01: 183.32024-09-01: 183.52024-10-01: 184.82024-11-01: 185.32024-12-01: 185.82025-01-01: 186.42025-02-01: 186.72025-03-01: 1872025-04-01: 186.92025-05-01: 186.92025-06-01: 187.32025-07-01: 187.92025-08-01: 1882025-09-01: 188.22025-10-01: 189.42025-11-01: 189.62025-12-01: 189.72026-01-01: 189.62026-02-01: 189.52026-03-01: 190.12026-04-01: 190.22026-05-01: 190.12026-06-01: 190.22026-07-01: 190.32026-08-01: 190.92026-09-01: 191.5
Source: Statistics Canada, Consumer Price Index via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
cred.nshipyard.com

CPI: Shelter

CREDCPI: All-items Excluding Food and Energy
COVID-19 recession125130135140145150155160201620182020202220242026Index, 2002=1002016-10-01: 124.12016-11-01: 124.12016-12-01: 124.42017-01-01: 124.92017-02-01: 124.92017-03-01: 124.92017-04-01: 124.92017-05-01: 125.12017-06-01: 125.32017-07-01: 125.52017-08-01: 125.62017-09-01: 125.62017-10-01: 125.92017-11-01: 126.32017-12-01: 126.52018-01-01: 126.82018-02-01: 127.22018-03-01: 127.22018-04-01: 127.32018-05-01: 127.12018-06-01: 127.52018-07-01: 1282018-08-01: 128.22018-09-01: 128.22018-10-01: 128.52018-11-01: 128.72018-12-01: 129.32019-01-01: 129.12019-02-01: 129.52019-03-01: 129.72019-04-01: 1302019-05-01: 130.42019-06-01: 130.52019-07-01: 130.82019-08-01: 1312019-09-01: 131.12019-10-01: 131.42019-11-01: 131.12019-12-01: 131.42020-01-01: 131.52020-02-01: 1322020-03-01: 131.92020-04-01: 131.72020-05-01: 131.42020-06-01: 131.82020-07-01: 131.52020-08-01: 131.72020-09-01: 1322020-10-01: 132.32020-11-01: 132.82020-12-01: 132.92021-01-01: 133.42021-02-01: 133.32021-03-01: 133.42021-04-01: 1342021-05-01: 134.42021-06-01: 134.72021-07-01: 135.22021-08-01: 135.72021-09-01: 136.12021-10-01: 136.52021-11-01: 136.82021-12-01: 137.42022-01-01: 138.22022-02-01: 138.72022-03-01: 139.62022-04-01: 140.42022-05-01: 141.22022-06-01: 141.92022-07-01: 142.52022-08-01: 142.82022-09-01: 143.52022-10-01: 143.82022-11-01: 144.22022-12-01: 144.72023-01-01: 145.12023-02-01: 145.52023-03-01: 1462023-04-01: 146.52023-05-01: 146.62023-06-01: 146.92023-07-01: 147.42023-08-01: 1482023-09-01: 148.22023-10-01: 148.72023-11-01: 149.32023-12-01: 149.52024-01-01: 149.72024-02-01: 149.62024-03-01: 150.22024-04-01: 150.32024-05-01: 150.82024-06-01: 1512024-07-01: 151.42024-08-01: 151.62024-09-01: 151.82024-10-01: 152.12024-11-01: 152.42024-12-01: 152.82025-01-01: 153.12025-02-01: 153.82025-03-01: 153.82025-04-01: 154.32025-05-01: 154.62025-06-01: 1552025-07-01: 155.12025-08-01: 155.32025-09-01: 155.62025-10-01: 1562025-11-01: 156.12025-12-01: 156.52026-01-01: 156.62026-02-01: 156.82026-03-01: 156.72026-04-01: 156.82026-05-01: 157.22026-06-01: 157.72026-07-01: 158.12026-08-01: 158.52026-09-01: 158.7
Source: Statistics Canada, Consumer Price Index via CRED
Shaded areas indicate Canadian recessions (C.D. Howe Institute).
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CPI: All-items Excluding Food and Energy

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