Canadian annual inflation rate climbs to 2.4 percent in December despite cooling core measures
Canada's headline inflation reached 2.4 percent in December but core measures continued to decelerate. This data supports steady interest rates through 2026.
Insights:
Statistics Canada reported today that the consumer price index in Canada 
CArose 2.4 percent year-over-year in December 2025. This figure exceeded the 2.2 percent forecast held by analysts polled by Reuters, who had expected inflation to hold steady at the rate seen in November. Despite the annual acceleration, the monthly consumer price index actually declined by 0.2 percent, although this was slightly less than the 0.3 percent monthly decrease expected by market participants.
CArose 2.4 percent year-over-year in December 2025. This figure exceeded the 2.2 percent forecast held by analysts polled by Reuters, who had expected inflation to hold steady at the rate seen in November. Despite the annual acceleration, the monthly consumer price index actually declined by 0.2 percent, although this was slightly less than the 0.3 percent monthly decrease expected by market participants.
