Canada CPI measures how fast consumer prices are rising year-on-year, the key inflation gauge the Bank of Canada watches when setting interest rates.
Source: Statistics Canada. Figures as released; revisions appear in the next print.
Forecast: Trading Economics' forecast where available, otherwise the market consensus.
Calendar data: Trading Economics; official figures from the publishing agency.
Canada Inflation Rate (CPI) for June 2026 came in at 2.8% versus 3% expected (previous 3.2%), below forecast.
How this print reads for the Canadian Dollar
Below forecast by 0.2. For the CAD that reads as negative (higher is positive for this indicator). This is a rule-based read of the figure against forecast, not a record of how the CAD traded.
New to this release? See what Canada Inflation Rate (CPI) measures, the next release and its full history.