Underlying inflation measures · Canada

Canada CPI Trimmed-Mean YoY

The Canada CPI Trimmed-Mean YoY is an alternative measure of underlying inflation in Canada, built to strip out one-off price jumps without simply dropping whole categories.

חשיבות
Medium
פורסם
Monthly
הפרסום הבא
מטבע
CAD · Canadian dollar
בנק מרכזי
The Bank of Canada
משפיע על
AUDCAD · CADCHF · CADJPY · EURCAD · GBPCAD · NZDCAD · USDCAD

הנתונים האחרונים

הפרסום האחרון, עבור SEP, יצא ב-2026-10-19 ועמד על 1.8%. זה מתחת לקונצנזוס של 1.9%. זה ירידה מ-1.9% בפעם הקודמת.

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.

ב-12 הפרסומים האחרונים הערך נע בין 1.8% ל-3.0%, בממוצע 2.2%.

Nov 2025: 3%Dec 2025: 2.8%Jan 2026: 2.7%Feb 2026: 2.4%Mar 2026: 2.3%Apr 2026: 2.2%May 2026: 2%Jun 2026: 2%Jul 2026: 1.8%Aug 2026: 1.9%Sep 2026: 1.9%Oct 2026: 1.8% Nov 2025Oct 2026
תוצאות בפועל; הקו הקצר על עמודה מסמן את הקונצנזוס.
פורסםעבורבפועלקונצנזוסקודם
19 Oct 2026SEP1.8%1.9%1.9%
14 Sep 2026AUG1.9%1.9%1.9%
17 Aug 2026JUL1.9%1.8%1.9% ®
20 Jul 2026JUN1.8%2%2%
22 Jun 2026MAY2%2%2%
19 May 2026APR2%2.1%2.2%
20 Apr 2026MAR2.2%2.3%2.3%
16 Mar 2026FEB2.3%2.4%2.4%
17 Feb 2026JAN2.4%2.6%2.7%
19 Jan 2026DEC2.7%2.7%2.9% ®
15 Dec 2025NOV2.8%2.9%3%
17 Nov 2025OCT3%3%3.1%

לצפייה ביומן הכלכלי ←

למה זה חשוב

the Bank of Canada watches these measures to judge whether inflation is broad-based. When they agree with the headline, the trend is real; when they diverge, a few items are distorting the picture.

איך זה מחושב

A trimmed mean removes the items with the largest and smallest price changes (for example the top and bottom 15% by weight) and averages the rest; a weighted median takes the price change in the middle of the distribution. Other variants hold mortgage interest costs fixed or use common components.

מה המשמעות של שינויים

  • A trimmed mean or median near the target is the clearest sign that inflation is under control.
  • When the headline jumps but these do not, the move is likely temporary.

גבוה מהצפוי: 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.

נמוך מהצפוי: 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.

היסטוריה קצרה

Trimmed means were developed in the 1990s (Bryan and Cecchetti at the Cleveland Fed); the Reserve Bank of Australia and the Bank of Canada give them a central place in their policy.

שאלות

What is the Canada CPI Trimmed-Mean YoY?

The Canada CPI Trimmed-Mean YoY is an alternative measure of underlying inflation in Canada, built to strip out one-off price jumps without simply dropping whole categories.

What was the latest Canada CPI Trimmed-Mean YoY?

1.8% for SEP, published on 19 October 2026 (consensus 1.9%, previous 1.9%).

When is the next Canada CPI Trimmed-Mean YoY?

On Monday 16 November 2026 at 13:30 UTC.

תוכן לימודי בלבד, לא ייעוץ השקעות. הנתונים הם התוצאות שפורסמו כפי שנרשמו ביומן שלנו; תגובות השוק המתוארות אופייניות, לא מובטחות.