Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 22 July 2020

Canada Inflation Rate (CPI) 22 July 2020: 0.7% for June 2020, above the 0.3% forecast and up from -0.4% in May 2020. It is the highest reading since March 2020. 4 of the last 12 releases came in above the forecast. Printed 0.7%, below the 1–3% target band. It was released on Wed 22 Jul 2020 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
0.7%
June 2020
Forecast
0.3%
The market consensus
Previous
-0.4%
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) 22 July 2020: 0.7% for June 2020 against a 0.3% 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) 22 July 2020: 0.7% vs 0.3% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2020-07-22

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
22 Jul 2020Jun0.7%0.3%-0.4%
17 Jun 2020May-0.4%0%-0.2%
20 May 2020Apr-0.2%-0.1%0.9%
22 Apr 2020Mar0.9%1.2%2.2%
18 Mar 2020Feb2.2%2.1%2.4%
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%
The release before:Canada Inflation Rate (CPI) 17 June 2020The release after:Canada Inflation Rate (CPI) 19 August 2020Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar