Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Canada
Growth rate same period previous year, Quarterly, Not Seasonally Adjusted
CPALTT01CAQ659N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.29
Year-over-Year Change
-60.81%
Date Range
1/1/1915 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of consumer prices in Canada on a quarterly basis, without seasonal adjustments. It provides insight into the pace of inflation in the Canadian economy.
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 'Growth rate same period previous year, Quarterly, Not Seasonally Adjusted' series tracks the annual change in consumer prices in Canada across a range of goods and services. This unadjusted data point is used by economists and policymakers to understand broad inflationary pressures in the Canadian market.
Methodology
The data is calculated based on the Consumer Price Index (CPI) collected by Statistics Canada.
Historical Context
Central banks and government agencies closely monitor this inflation metric to inform monetary and fiscal policy decisions.
Key Facts
- Measures annual change in Canadian consumer prices.
- Unadjusted for seasonal variations.
- Used by policymakers to track broad inflationary trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of consumer prices in Canada on a quarterly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted inflation metric provides important insights into broad price movements in the Canadian economy, which is vital information for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on the Consumer Price Index (CPI) collected by Statistics Canada.
Q: How is this trend used in economic policy?
A: Central banks and government agencies closely monitor this inflation indicator to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by Statistics Canada, with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Not Seasonally Adjusted (CPALTT01CAQ659N), retrieved from FRED.