Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 23 February 2018

Canada Inflation Rate (CPI) 23 February 2018: 1.7% for January 2018, above the 1.4% forecast and down from 1.9% in December 2017. It is the lowest reading since October 2017. 2 of the last 12 releases came in above the forecast. Printed 1.7%, inside the 1–3% target band. It was released on Fri 23 Feb 2018 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
1.7%
January 2018
Forecast
1.4%
The market consensus
Previous
1.9%
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) 23 February 2018: 1.7% for January 2018 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 February 2018: 1.7% vs 1.4% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2018-02-23

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
23 Feb 2018Jan1.7%1.4%1.9%
26 Jan 2018Dec1.9%1.9%2.1%
21 Dec 2017Nov2.1%2%1.4%
17 Nov 2017Oct1.4%1.4%1.6%
20 Oct 2017Sep1.6%1.6%1.4%
22 Sep 2017Aug1.4%1.5%1.2%
18 Aug 2017Jul1.2%1.2%1%
21 Jul 2017Jun1%1.0%1.3%
23 Jun 2017May1.3%1.5%1.6%
19 May 2017Apr1.6%1.7%1.6%
21 Apr 2017Mar1.6%1.8%2%
24 Mar 2017Feb2.0%2.1%2.1%
The release before:Canada Inflation Rate (CPI) 26 January 2018The release after:Canada Inflation Rate (CPI) 23 March 2018Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar