Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 18 May 2022

Canada Inflation Rate (CPI) 18 May 2022: 6.8% for April 2022, above the 6.7% forecast and up from 6.7% in March 2022. It is the highest of the last 12 releases. It is the fourth release in a row above the forecast. Printed 6.8%, above the 1–3% target band. It was released on Wed 18 May 2022 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
6.8%
April 2022
Forecast
6.7%
The market consensus
Previous
6.7%
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) 18 May 2022: 6.8% for April 2022 against a 6.7% 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) 18 May 2022: 6.8% vs 6.7% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2022-05-18

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
18 May 2022Apr6.8%6.7%6.7%
20 Apr 2022Mar6.7%6.1%5.7%
16 Mar 2022Feb5.7%5.5%5.1%
16 Feb 2022Jan5.1%4.8%4.8%
19 Jan 2022Dec4.8%4.8%4.7%
15 Dec 2021Nov4.7%4.7%4.7%
17 Nov 2021Oct4.7%4.7%4.4%
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%
The release before:Canada Inflation Rate (CPI) 20 April 2022The release after:Canada Inflation Rate (CPI) 22 June 2022Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar