Prices are up over the last year — and the pace is quickening.
3.0%
All-items YoY · July 2026
That's up from 1.7% a year ago — still above the Bank of Canada's 2% target.
Month over month, prices moved 0.5%.
Here's who's driving it
Each group's contribution to the 3.0% headline, ranked.
Filled = pushing prices up · outline = pulling down.
See the whole basket →What the Bank is doing
Overnight .
2.25%