Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 17 February 2026

Canada Inflation Rate (CPI) 17 February 2026: 2.3% for January 2026, below the 2.4% forecast and against 2.4% in October 2025 (first reported as 2.2%). 5 of the last 11 releases came in below the forecast. Printed 2.3%, inside the 1–3% target band. It was released on Tue 17 Feb 2026 at 13:30 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
2.3%
January 2026
Forecast
2.4%
The market consensus
Previous
2.4%
As the source gives it

What a print like this usually does

Below the forecast: A clear miss or continued cooling toward 2% would usually weigh on the Canadian dollar as markets price a more dovish Bank of Canada.

Canada Inflation Rate (CPI) 17 February 2026: 2.3% for January 2026 against a 2.4% 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) 17 February 2026: 2.3% vs 2.4% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2026-02-17

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
17 Feb 2026Jan2.3%2.4%2.4%
17 Nov 2025Oct2.2%—2.4%
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%
The release before:Canada Inflation Rate (CPI) 17 November 2025The release after:Canada Inflation Rate (CPI) 16 March 2026Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar