Prices are up over the last year — and the pace is quickening.

3.1%
accelerating All-items YoY · September 2026

That's up from 2.4% a year ago — still above the Bank of Canada's 2% target.

Month over month, prices moved 0.1%.

Here's who's driving it

Each group's contribution to the 3.1% headline, ranked.

Transportation ↑ +1.5pp
Shelter ↑ +0.5pp
Recreation & reading ↑ +0.5pp
Food ↑ +0.4pp
Health & personal care ↑ +0.1pp

Filled = pushing prices up · outline = pulling down.

See the whole basket →

What the Bank is doing

Overnight .

2.25%
Rates & bond yields →