Canadian inflation rate in 2025: 0.61%

Inflation in 2025 and its effect on dollar value

$1 in 2024 is equivalent in purchasing power to about $1.01 today. The dollar had an average inflation rate of 0.61% in the last 12 months. As a result, the real value of a dollar has been decreasing recently. Purchasing power decreased by 0.61% in 2025 compared to 2024. On average, you would have to spend 0.61% more money in 2025 than in 2024 for the same item.

This means that today's prices are 1.01 times as high as average prices since 2024, according to Statistics Canada consumer price index. A dollar today only buys 99.010% of what it could buy back then.

The inflation rate in 2024 was 2.36%. The current inflation rate compared to the end of last year is now 0.61%. If this number holds, $1 today will be equivalent in buying power to $1.01 next year.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 2025 is 161.80. It was 160.82 in the previous year, 2024. The difference in CPI between the years is used by Statistics Canada to officially determine inflation.

You may use the following MLA citation for this page: “Inflation Rate in 2025 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 24 Dec. 2024, https://www.officialdata.org/CAD-inflation-rate-in-2025.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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