Canada Canada CPI Consumer Price Index

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CPI Canada January of 2024

CPI falls in January of 2024 in Canada

The annual variation rate of the CPI in Canada in January of 2024 was 2.9%, 5 tenths less than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 0%, and thus the accumulated inflation in 2024 is 0%

We must highlight the increase of 3.5% in the prices of Communication, until its interannual rate reached -9.1%, which is in contrast to the decrease in the prices of Clothing and footwear of -3.2%, and an interannual variation of -1.3%.

In this page we show you the progression of the CPI in Canada. You can see the inflation in other countries in CPI and see all the information about Canada in Canada's economy

CPI Canada January 2024
 InterannualAccum. since JanuaryMonthly variation
CPI (overall index) [+]2.9%
0%
0%
Food and non-alcoholic beverages [+]3.9%
0.7%
Alcoholic beverages and tobacco [+]4.2%
1.2%
Clothing and footwear [+]-1.3%
-3.2%
Housing, water, electricity, gas and other fuels [+]6.2%
0.3%
Furniture, household equipment and maintenance [+]-0.5%
0.9%
Health [+]3.7%
0.7%
Transport [+]1.2%
-1.2%
Communication [+]-9.1%
3.5%
Recreation and culture [+]-0.2%
-0.7%
Education [+]2.7%
0%
< CPI 2023-12
Canada: CPI annual
 2023  2022 
CPI (overall index) [+]3.4%
6.3%
Food and non-alcoholic beverages [+]5.0%
10.1%
Alcoholic beverages and tobacco [+]4.3%
4.8%
Clothing and footwear [+]1.0%
1.8%
Housing, water, electricity, gas and other fuels [+]6.0%
7.0%
Furniture, household equipment and maintenance [+]-1.7%
4.6%
Health [+]3.7%
6.1%
Transport [+]3.2%
6.0%
Communication [+]-14.7%
0.5%
Recreation and culture [+]1.4%
4.0%
Education [+]3.0%
2.5%
Restaurants and hotels [+]5.0%
27.3%
Miscellaneous goods and services [+]4.0%
25.7%