Consumer Price Index (CPI) Forecast

The Conference Board of Canada’s Economic Trends Division is recognized worldwide for its expertise in economic forecasting, modelling and analysis. We have produced accurate economic forecasts for more than 25 years.

Definitions

Consumer Price Index (CPI): The CPI provides a broad measure of the cost of living in Canada. Statistics Canada produces the CPI by tracking the prices for some 600 of the most commonly bought goods and services.

core CPI: The core CPI excludes eight of the most volatile components (fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, and tobacco products) as well as the effect of changes in indirect taxes on the remaining components. This is the index the Bank of Canada looks at most closely when monitoring inflation.

Inflation rate: The current rate at which a basket of goods and services has increased for a year. The two current leading indicators that measure the current inflation rate are the Consumer Price Index (CPI) at the consumer level and the Producer Price Index (PPI) at the wholesale level.

We forecast Consumer Price Index for the following:

• U.S. (view directory)
• Canada (view directory)
• Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan, Alberta, British Columbia and Whitehorse, Yukon, Yellowknife, Northwest Territories, Iqaluit, Nunavut (view directory)
• Abbotsford, Victoria, Vancouver, Calgary, Edmonton, Saskatoon, Regina, Winnipeg, Thunder Bay, Windsor, London, Kitchener, St. Catharines–Niagara, Hamilton, Oshawa, Toronto, Sudbury, Kingston, Ottawa–Gatineau, Montreal, Sherbrooke, Saguenay, Trois-Rivières, Quebec, Halifax, Saint John and St. John’s. (view directory)

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Forecasts and research often involve numerous assumptions and data sources, and are subject to inherent risks and uncertainties. This information is not intended as specific investment, accounting, legal, or tax advice.