Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 18 March 2016

Canada Inflation Rate (CPI) 18 March 2016: 1.4% for February 2016, below the 1.5% forecast and against 2% in January 2016 (first reported as 2.0%). It is the lowest reading since November 2015. 6 of the last 12 releases came in below the forecast. Printed 1.4%, inside the 1–3% target band. It was released on Fri 18 Mar 2016 at 12:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics Canada. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
1.4%
February 2016
Forecast
1.5%
The market consensus
Previous
2%
As the source gives it

What a print like this usually does

Below the forecast: A clear miss or continued cooling toward 2% would usually weigh on the Canadian dollar as markets price a more dovish Bank of Canada.

Canada Inflation Rate (CPI) 18 March 2016: 1.4% for February 2016 against a 1.5% forecast, with the last 12 releases
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Canada Inflation Rate (CPI) 18 March 2016: 1.4% vs 1.5% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2016-03-18

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
18 Mar 2016Feb1.4%1.5%2%
19 Feb 2016Jan2.0%1.7%1.6%
22 Jan 2016Dec1.6%1.7%1.4%
18 Dec 2015Nov1.4%1.5%1.0%
20 Nov 2015Oct1.0%1%1.0%
23 Oct 2015Sep1.0%1.1%1.3%
18 Sep 2015Aug1.3%1.3%1.3%
21 Aug 2015Jul1.3%1.4%1%
17 Jul 2015Jun1%1.0%0.9%
19 Jun 2015May0.9%0.8%0.8%
22 May 2015Apr0.8%1.0%1.2%
17 Apr 2015Mar1.2%1.0%1.0%
The release before:Canada Inflation Rate (CPI) 19 February 2016The release after:Canada Inflation Rate (CPI) 22 April 2016Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar