19.01.202613:30:00UTC+00Canada's Consumer Price Index Rises to 2.4% in December: A Year-Over-Year Increase

In a notable shift in Canada's economic landscape, the Consumer Price Index (CPI) rose to 2.4% in December 2025, marking an increase from the previous month's rate of 2.2% in November 2025. This data, updated on January 19, 2026, shows the changes in consumer prices on a year-over-year basis, reflecting inflationary pressures affecting Canadians.

The rising CPI can be attributed to various factors, including fluctuating energy prices, changes in consumer demand, and other economic variables. In comparison to December of the previous year, this uptick suggests a gradual increase in the cost of living over the past 12 months.

For policymakers and market analysts, this rise in the CPI indicates an ongoing pattern of inflation that could affect future monetary policy decisions. The data serves as a crucial indicator for both businesses and consumers planning their financial strategies in the months ahead as they navigate Canada’s evolving economic conditions.