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Canada Consumer Price Index, March 2026
The Consumer Price Index (CPI) increased 2.4% year over year in March, up from an increase of 1.8% in February. Driving faster price growth in headline inflation were higher prices for energy, especially gasoline, due to the conflict in the Middle East. Excluding gasoline, the CPI rose at a slower pace year over year in March (+2.2%) compared with February (+2.4%). There remained lingering base-year effects from the GST/HST break which ran from December 2024 to February 2025, resulting in downward pressure on headline inflation in March 2026. The CPI was up 0.9% month over month in March. On a seasonally adjusted ... (full story)
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From winnipegsun.com | Apr 20, 2026
Statistics Canada is set to report fresh inflation data for March this morning. Economists are widely expecting higher gas prices from the Iran war oil shock will drive a jump in the headline inflation figure. A Reuters poll shows economists expect the annual rate of inflation to accelerate to 2.5 per cent in March, from 1.8 per cent in February, according ...
The producer prices of industrial products were 0.2% lower in March 2026 than in March 2025. The Federal Statistical Office (Destatis) also reports that producer prices in March 2026 were up 2.5% on February 2026. This is the largest month-on-month increase since August 2022 (+5.4%). Both the year-on-year decline in producer prices and the sharp increase in ...