Consumer price inflation in Canada, May 2026: 3.23%
Consumer price inflation in Canada was 3.23% in May 2026, according to Statistics Canada.
- Previous month (April 2026): 2.82% (+0.41 pp).
- A year earlier (May 2025): 1.73%.
- A newer figure is available: 3.09% in September 2026.
Latest figure and full history
Other countries in May 2026
| Country | Value |
|---|---|
| U.S. | 4.2% |
| Australia | 4% |
| Spain | 3.6% |
| Canada | 3.23% |
| Italy | 3.2% |
| South Korea | 3.1% |
| UK | 2.8% |
| France | 2.8% |
| Germany | 2.7% |
| Japan | 1.5% |
Other months
Source
Source: Statistics Canada. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada — Statistics Canada