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Canada’s common Consumer Price Index (CPI) in April 2026 eased to 2.5% year-over-year, edging down from 2.6% in March 2026. The latest data, updated on 19 May 2026, indicate a modest cooling in underlying inflation pressures compared with the same month a year earlier.
The year-over-year reading shows that while price growth remains present, the pace has slowed marginally between March and April. The “previous” figure reflects March’s change versus March a year earlier, while the “actual” April figure compares April 2026 prices to those in April 2025, pointing to a slight deceleration in the inflation trend.
