PCE and GDP price indexes · Canada
Canada GDP Implicit Price QoQ
The Canada GDP Implicit Price QoQ measures the prices of everything households (PCE) or the whole economy (deflator) buy. In Canada it is one of the main measures of inflation.
- Importance
- Medium
- Publié
- Quarterly
- Prochaine publication
- Devise
- CAD · Canadian dollar
- Banque centrale
- The Bank of Canada
Derniers chiffres
La dernière publication, pour Q2, est parue le 2026-08-28 et s’est établie à 2.5%. C’est plus que 1.2% la fois précédente (révisé).
Sur les 7 dernières publications, la valeur est allée de 0.0% à 2.5%, avec une moyenne de 0.9%. Elle a augmenté trois publications d’affilée.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 28 Aug 2026 | Q2 | 2.5% | – | 1.2% ® |
| 29 May 2026 | Q1 | 1.1% | – | 1% ® |
| 27 Feb 2026 | Q4 | 0.7% | – | 0.9% ® |
| 28 Nov 2025 | Q3 | 0.8% | – | 0.1% ® |
| 29 Aug 2025 | Q2 | 0% | – | 0.7% ® |
| 30 May 2025 | Q1 | 0.6% | – | 0.9% |
| 28 Feb 2025 | Q4 | 0.9% | – | 0.6% |
Pourquoi c’est important
In the United States the Federal Reserve's 2% target is defined on the PCE price index, and the core measure (without food and energy) is the one policymakers quote most. Because CPI comes out first, markets usually know roughly what PCE will show; surprises come from the parts measured differently, such as health care.
Mode de calcul
PCE prices are built from the same price data as CPI and producer prices, but weighted by what households actually spend (including what is paid on their behalf, like employer health insurance), and the weights change every period. The GDP deflator divides nominal GDP by real GDP.
Deflator = nominal GDP ÷ real GDP × 100
PCE inflation = PCE index ÷ PCE index a year ago − 1Ce que signifient les variations
- Core PCE above 2% and rising keeps the Fed cautious about cutting rates.
- The monthly change annualised (× 12) shows the latest pace; three-month averages smooth the noise.
Supérieur aux attentes : A higher figure than expected makes the Bank of Canada more likely to keep rates high or raise them: it tends to support the Canadian dollar and push bond yields up, and is often a weight on stocks.
Inférieur aux attentes : A lower figure than expected gives the Bank of Canada room to cut or hold rates lower: the Canadian dollar tends to soften and bond yields to fall.
Un bref historique
The Fed switched its preferred inflation measure from CPI to PCE in 2000 and wrote the 2% PCE target into its strategy in 2012.
Questions
What is the Canada GDP Implicit Price QoQ?
The Canada GDP Implicit Price QoQ measures the prices of everything households (PCE) or the whole economy (deflator) buy. In Canada it is one of the main measures of inflation.
What was the latest Canada GDP Implicit Price QoQ?
2.5% for Q2, published on 28 August 2026.
When is the next Canada GDP Implicit Price QoQ?
On Friday 27 November 2026 at 13:30 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.