What happened to the CPI in December 2022?

On a seasonally adjusted monthly basis, the CPI was down 0.1% in December 2022. Today, Statistics Canada publishes the release Consumer Price Index: Annual review, 2022, highlighting the annual average consumer inflation in Canada and the regions in 2022. Check out the Personal Inflation Calculator.

When will the Canadian Consumer Price Index (CPI) be released?

The CPI for November will be released on December 21. The "Consumer Price Index Data Visualization Tool" is available on the Statistics Canada website. More information on the concepts and use of the Consumer Price Index ( CPI) is available in The Canadian Consumer Price Index Reference Paper ( 62-553-X ).

How much did Canadian inflation rise in January 2022?

Source (s): Table 18-10-0004-01 . In January 2022, Canadian inflation surpassed 5% for the first time since September 1991, rising 5.1% on a year-over-year basis and up from a 4.8% gain in December 2021. In comparison, the headline Consumer Price Index ( CPI) increased 1.0% on a year-over-year basis in January 2021.

What is the 2022 CPI basket update?

The May 2022 CPI, released on June 22, will mark the introduction of updated basket weights in the calculation of the index. The 2022 basket update using 2021 expenditures marks the first annual CPI basket update.