Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 21 October 2025

Canada Inflation Rate (CPI) 21 October 2025: 2.4% for September 2025, above the 2.3% forecast and up from 1.9% in August 2025. It is the highest reading since February 2025. 4 of the last 12 releases came in above the forecast. Printed 2.4%, inside the 1–3% target band. It was released on Tue 21 Oct 2025 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
2.4%
September 2025
Forecast
2.3%
The market consensus
Previous
1.9%
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) 21 October 2025: 2.4% for September 2025 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) 21 October 2025: 2.4% vs 2.3% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2025-10-21

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
21 Oct 2025Sep2.4%2.3%1.9%
16 Sep 2025Aug1.9%2%1.7%
19 Aug 2025Jul1.7%1.8%1.9%
15 Jul 2025Jun1.9%1.9%1.7%
24 Jun 2025May1.7%1.7%1.7%
20 May 2025Apr1.7%1.6%2.3%
15 Apr 2025Mar2.3%2.6%2.6%
18 Mar 2025Feb2.6%2.2%1.9%
18 Feb 2025Jan1.9%1.9%1.8%
21 Jan 2025Dec1.8%1.9%1.9%
17 Dec 2024Nov1.9%2%2%
19 Nov 2024Oct2%1.9%1.6%