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# Canada Inflation Rate

> Canada inflation rate is 3.0% as of Jul 2026, from 2.8%. History from 1915, source International Monetary Fund. Free API & MCP access.

Inflation Rate in Canada rose to 3.0% in Jul 2026 from 2.8% in Jun 2026.

Inflation Rate in Canada averaged 2.2% from 1915 until 2026, reaching an all-time high of 21.6% in Jun 1920 and a record low of -17.8% in Jul 1921. The series is reported monthly with history from 1915.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 3.0% | 2.8% | 21.6% (Jun 1920) | -17.8% (Jul 1921) | 1915–2026 | % | monthly |

## FAQ

**What is Canada's inflation rate right now?**

Inflation Rate in Canada is 3.0% as of Jul 2026.

**What are the historical extremes for Canada's inflation rate?**

The all-time high is 21.6% (Jun 1920); the record low is -17.8% (Jul 1921), over a series starting in 1915.

**How often is this series updated?**

Inflation Rate for Canada is a monthly series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=canada&indicator=inflation-rate`.
Back to [Canada economy](/canada.md).