Underlying inflation measures · Canada

Canada CPI Median YoY

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

Важность
Medium
Опубликовано
Monthly
Следующая публикация
Валюта
CAD · Canadian dollar
Центральный банк
The Bank of Canada
Влияет на
AUDCAD · CADCHF · CADJPY · EURCAD · GBPCAD · NZDCAD · USDCAD

Последние данные

Последняя публикация, за SEP, вышла 2026-10-19; значение: 1.9%. Это соответствует консенсус-прогнозу 1.9%. Это ниже, чем 2% в прошлый раз.

Результат в рамках консенсуса обычно вызывает слабую реакцию: он уже заложен в цену.

За последние 12 публикаций значение колебалось от 1.9% до 2.9%, в среднем 2.3%.

Nov 2025: 2.9%Dec 2025: 2.8%Jan 2026: 2.5%Feb 2026: 2.5%Mar 2026: 2.3%Apr 2026: 2.3%May 2026: 2.1%Jun 2026: 2.1%Jul 2026: 1.9%Aug 2026: 2%Sep 2026: 2%Oct 2026: 1.9% Nov 2025Oct 2026
Фактические результаты; короткая линия на столбце отмечает консенсус.
ОпубликованоДляФактКонсенсусПредыдущее
19 Oct 2026SEP1.9%1.9%2%
14 Sep 2026AUG2%2%2%
17 Aug 2026JUL2%1.9%1.9%
20 Jul 2026JUN1.9%2.1%2.1%
22 Jun 2026MAY2.1%2.1%2.1%
19 May 2026APR2.1%2.2%2.3%
20 Apr 2026MAR2.3%2.3%2.3%
16 Mar 2026FEB2.3%2.4%2.5%
17 Feb 2026JAN2.5%2.5%2.6% ®
19 Jan 2026DEC2.5%2.7%2.8%
15 Dec 2025NOV2.8%2.9%3% ®
17 Nov 2025OCT2.9%3.1%3.1% ®

Посмотреть в экономическом календаре →

Почему это важно

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.

Как считается

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.

Что означают изменения

  • 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.

Выше ожиданий: 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.

Ниже ожиданий: 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.

Краткая история

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.

Вопросы

What is the Canada CPI Median YoY?

The Canada CPI Median 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 Median YoY?

1.9% for SEP, published on 19 October 2026 (consensus 1.9%, previous 2%).

When is the next Canada CPI Median YoY?

On Monday 16 November 2026 at 13:30 UTC.

Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.