Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 16 November 2026

Canada Inflation Rate (CPI) 16 November 2026: the October 2026 figure is due at 13:30 UTC. The last release came in at 3.1% for September 2026 against a forecast of 3.2%. Of the last 11 releases, 3 came in above the forecast and 7 below it.

These figures were verified on 20 Oct 2026 from the source: Statistics Canada. This page reports the release as published: the figures and what a print like it usually does to the currency.

Due at
13:30 UTC
16 November 2026
Forecast
—
The market consensus
Previous
3.1%
As the source gives it

What a surprise 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.

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.

In line with the forecast: The Canadian dollar would usually react little, with traders examining core measures and price components for a surprise.

Canada Inflation Rate (CPI) 16 November 2026: due for October 2026, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart
The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
19 Oct 2026Sep3.1%3.2%3%
14 Sep 2026Aug3%3.0%3%
17 Aug 2026Jul3.0%2.9%2.8%
20 Jul 2026Jun2.8%2.9%3.2%
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%
The release before:Canada Inflation Rate (CPI) 19 October 2026Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar