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Canadian inflation: the consumer price index at 169.6

Jul 5, 2026

The consumer price index is 169.6 as of May 2026. That is +24.4% since 2019, based on official Statistics Canada data.

The trend

Over the monthly series since 2019, the consumer price index has moved from 136.3 to 169.6, a clear climb. The chart below tracks the full history, hover or touch any point to read the exact figure.

What it means for you

Faster cost-of-living increases keep pressure on the Bank of Canada to hold or raise rates, which keeps borrowing costs elevated for buyers.

Consumer price index, Canada
Source: Statistics Canada · updated live
170
▲ +24.4% since 2019
17416014613220192020202120222023202420252026
index (2002=100) · monthly · latest May 2026 · hover or touch the chart to explore
Sources
•  Statistics CanadaConsumer price index, Canada: 169.6, what it means for Canadians