Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 19 February 2020

Canada Inflation Rate (CPI) 19 February 2020: 2.4% for January 2020, above the 2.3% forecast and up from 2.2% in December 2019. It is the highest reading since May 2019. 4 of the last 12 releases came in above the forecast. Printed 2.4%, inside the 1–3% target band. It was released on Wed 19 Feb 2020 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
2.4%
January 2020
Forecast
2.3%
The market consensus
Previous
2.2%
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) 19 February 2020: 2.4% for January 2020 against a 2.3% 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) 19 February 2020: 2.4% vs 2.3% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2020-02-19

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
19 Feb 2020Jan2.4%2.3%2.2%
22 Jan 2020Dec2.2%2.2%2.2%
18 Dec 2019Nov2.2%2.2%1.9%
20 Nov 2019Oct1.9%1.9%1.9%
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%
The release before:Canada Inflation Rate (CPI) 22 January 2020The release after:Canada Inflation Rate (CPI) 18 March 2020Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar