Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 24 February 2017

Canada Inflation Rate (CPI) 24 February 2017: 2.1% for January 2017, above the 1.6% forecast and up from 1.5% in December 2016. It is the highest of the last 12 releases. 3 of the last 12 releases came in above the forecast. Printed 2.1%, inside the 1–3% target band. It was released on Fri 24 Feb 2017 at 13:30 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
2.1%
January 2017
Forecast
1.6%
The market consensus
Previous
1.5%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat, particularly if inflation is moving away from 2%, would usually support the Canadian dollar significantly through a firmer expected rate path.

Canada Inflation Rate (CPI) 24 February 2017: 2.1% for January 2017 against a 1.6% forecast, with the last 12 releases
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Cite this release

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

Canada Inflation Rate (CPI) 24 February 2017: 2.1% vs 1.6% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2017-02-24

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
24 Feb 2017Jan2.1%1.6%1.5%
20 Jan 2017Dec1.5%1.7%1.2%
22 Dec 2016Nov1.2%1.4%1.5%
18 Nov 2016Oct1.5%1.5%1.3%
21 Oct 2016Sep1.3%1.5%1.1%
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%
The release before:Canada Inflation Rate (CPI) 20 January 2017The release after:Canada Inflation Rate (CPI) 24 March 2017Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar