Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Canada
Index 2015=100, Monthly
CANCP040100IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.71
Year-over-Year Change
4.79%
Date Range
1/1/1949 - 3/1/2025
Summary
The Index 2015=100, Monthly measures the level of consumer prices in Canada on a monthly basis, with 2015 as the base year. This key inflation indicator is closely watched by economists and policymakers to assess changes in the cost of living.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index 2015=100, Monthly tracks the overall price level for a basket of consumer goods and services in Canada. It is a widely used metric for understanding changes in purchasing power and the broader inflationary environment.
Methodology
This index is calculated by Statistics Canada based on a survey of consumer prices.
Historical Context
The Index 2015=100, Monthly is a crucial input for the Bank of Canada's monetary policy decisions.
Key Facts
- The base year for this index is 2015.
- It covers a wide range of consumer goods and services.
- The index is published on a monthly basis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the overall level of consumer prices in Canada, providing a comprehensive gauge of inflation.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of changes in the cost of living and purchasing power, making it essential for understanding the broader economic environment.
Q: How is this data collected or calculated?
A: The index is calculated by Statistics Canada based on a survey of consumer prices across a broad basket of goods and services.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Monthly is a key input for the Bank of Canada's monetary policy decisions, as it helps the central bank assess and respond to inflationary pressures.
Q: Are there update delays or limitations?
A: The index is published on a monthly basis, with a typical release lag of around two weeks following the reference month.
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Citation
Statistics Canada, Index 2015=100, Monthly (CANCP040100IXOBM), retrieved from CANSIM.