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  • Economic Calendar Terms

    CA CPI inflation mm

    Statistics Canada,
    170 Tunney's Pasture Driveway,
    K1A 0T6,

    Consumer Price index is the most frequently used indicator. The CPI is defined, more precisely, as an indicator of the changes in consumer prices experienced by Canadians. It is obtained by comparing, through time, the cost of a fixed basket of commodities purchased by Canadian consumers in a particular year. Since the basket contains commodities of unchanging or equivalent quantity and quality, the index reflects only pure price movements.