Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 16 October 2019

Canada Inflation Rate (CPI) 16 October 2019: 1.9% for September 2019, below the 2.1% forecast and unchanged from 1.9% in August 2019. It is the second release in a row below the forecast. Printed 1.9%, inside the 1–3% target band. It was released on Wed 16 Oct 2019 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
1.9%
September 2019
Forecast
2.1%
The market consensus
Previous
1.9%
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) 16 October 2019: 1.9% for September 2019 against a 2.1% 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) 16 October 2019: 1.9% vs 2.1% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2019-10-16

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
16 Oct 2019Sep1.9%2.1%1.9%
18 Sep 2019Aug1.9%2%2%
21 Aug 2019Jul2%1.7%2%
17 Jul 2019Jun2%2%2.4%
19 Jun 2019May2.4%2.1%2%
15 May 2019Apr2%2%1.9%
17 Apr 2019Mar1.9%1.9%1.5%
22 Mar 2019Feb1.5%1.4%1.4%
27 Feb 2019Jan1.4%1.5%2%
18 Jan 2019Dec2%1.7%1.7%
19 Dec 2018Nov1.7%1.8%2.4%
23 Nov 2018Oct2.4%2.2%2.2%