Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 19 May 2021

Canada Inflation Rate (CPI) 19 May 2021: 3.4% for April 2021, above the 3.2% forecast and up from 2.2% in March 2021. It is the highest of the last 12 releases. 6 of the last 12 releases came in above the forecast. Printed 3.4%, above the 1–3% target band. It was released on Wed 19 May 2021 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
3.4%
April 2021
Forecast
3.2%
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 May 2021: 3.4% for April 2021 against a 3.2% 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 May 2021: 3.4% vs 3.2% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2021-05-19

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
19 May 2021Apr3.4%3.2%2.2%
21 Apr 2021Mar2.2%2.3%1.1%
17 Mar 2021Feb1.1%1.3%1%
17 Feb 2021Jan1%0.9%0.7%
20 Jan 2021Dec0.7%1%1%
16 Dec 2020Nov1%0.8%0.7%
18 Nov 2020Oct0.7%0.4%0.5%
21 Oct 2020Sep0.5%0.4%0.1%
16 Sep 2020Aug0.1%0.4%0.1%
19 Aug 2020Jul0.1%0.5%0.7%
22 Jul 2020Jun0.7%0.3%-0.4%
17 Jun 2020May-0.4%0%-0.2%
The release before:Canada Inflation Rate (CPI) 21 April 2021The release after:Canada Inflation Rate (CPI) 16 June 2021Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar