Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 20 October 2021

Canada Inflation Rate (CPI) 20 October 2021: 4.4% for September 2021, above the 4.3% forecast and up from 4.1% in August 2021. It is the highest of the last 12 releases. It is the third release in a row above the forecast. Printed 4.4%, above the 1–3% target band. It was released on Wed 20 Oct 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
4.4%
September 2021
Forecast
4.3%
The market consensus
Previous
4.1%
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) 20 October 2021: 4.4% for September 2021 against a 4.3% 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) 20 October 2021: 4.4% vs 4.3% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2021-10-20

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
20 Oct 2021Sep4.4%4.3%4.1%
15 Sep 2021Aug4.1%3.9%3.7%
18 Aug 2021Jul3.7%3.4%3.1%
28 Jul 2021Jun3.1%3.2%3.6%
16 Jun 2021May3.6%3.5%3.4%
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%
The release before:Canada Inflation Rate (CPI) 15 September 2021The release after:Canada Inflation Rate (CPI) 17 November 2021Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar