Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing for Canada
Index 2015=100, Monthly
CANCPGRHO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.19
Year-over-Year Change
4.10%
Date Range
1/1/1949 - 3/1/2025
Summary
The Index 2015=100, Monthly series tracks the price level of consumer goods and services in Canada, adjusting for seasonal variations. This key economic indicator provides insights into inflation and consumer spending patterns.
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
This index measures the change in prices paid by Canadian consumers for a basket of goods and services. It is a widely used gauge of inflation and a critical input for policymakers, economists, and businesses in understanding economic conditions and making informed decisions.
Methodology
The data is collected through surveys of Canadian households and businesses, then aggregated and adjusted for seasonal factors.
Historical Context
The Index 2015=100, Monthly is a crucial statistic for the Bank of Canada and other institutions in monitoring and managing inflation targets.
Key Facts
- The base year for the index is 2015.
- The index is published on a monthly basis.
- It covers a broad range of consumer goods and services.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the change in prices paid by Canadian consumers for a basket of goods and services. It is a key indicator of inflation in the Canadian economy.
Q: Why is this trend relevant for users or analysts?
A: This index is a critical input for policymakers, economists, and businesses to understand economic conditions and make informed decisions. It provides insights into consumer spending patterns and inflation dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Canadian households and businesses, then aggregated and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Monthly is a crucial statistic for the Bank of Canada and other institutions in monitoring and managing inflation targets.
Q: Are there update delays or limitations?
A: The index is published on a monthly basis, providing timely data on consumer price movements in Canada.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (CANCPGRHO01IXOBM), retrieved from FRED.