Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 22 June 2026

Canada Inflation Rate (CPI) 22 June 2026: 3.2% for May 2026, above the 3% forecast and up from 2.8% in April 2026. It is the highest of the last 12 releases. 3 of the last 11 releases came in above the forecast. Printed 3.2%, above the 1–3% target band. It was released on Mon 22 Jun 2026 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
3.2%
May 2026
Forecast
3%
The market consensus
Previous
2.8%
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) 22 June 2026: 3.2% for May 2026 against a 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) 22 June 2026: 3.2% vs 3% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2026-06-22

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
22 Jun 2026May3.2%3%2.8%
19 May 2026Apr2.8%3.1%2.4%
20 Apr 2026Mar2.4%2.5%1.8%
16 Mar 2026Feb1.8%1.9%2.3%
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%
The release before:Canada Inflation Rate (CPI) 19 May 2026The release after:Canada Inflation Rate (CPI) 20 July 2026Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar