Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 23 September 2016

Canada Inflation Rate (CPI) 23 September 2016: 1.1% for August 2016, below the 1.4% forecast and down from 1.3% in July 2016. It is the lowest reading since October 2015. 6 of the last 12 releases came in below the forecast. Printed 1.1%, inside the 1–3% target band. It was released on Fri 23 Sep 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
1.1%
August 2016
Forecast
1.4%
The market consensus
Previous
1.3%
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) 23 September 2016: 1.1% for August 2016 against a 1.4% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

Canada Inflation Rate (CPI) 23 September 2016: 1.1% vs 1.4% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2016-09-23

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
23 Sep 2016Aug1.1%1.4%1.3%
19 Aug 2016Jul1.3%1.3%1.5%
22 Jul 2016Jun1.5%1.4%1.5%
17 Jun 2016May1.5%1.6%1.7%
20 May 2016Apr1.7%1.7%1.3%
22 Apr 2016Mar1.3%1.2%1.4%
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%
The release before:Canada Inflation Rate (CPI) 19 August 2016The release after:Canada Inflation Rate (CPI) 21 October 2016Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar