Canada

GDP deflator

The GDP deflator measures price changes across all domestically produced final goods and services. It is broader than consumer inflation because it covers the whole output basket.

GDP deflator - Canada

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The reading right now

As of January 2024, GDP deflator for Canada stood at 121.6. That is up 3.68 from the prior year. Over the trailing five years, the series has averaged 110.4, ranging from a low of 98.9 in January 2019 to a high of 121.6 in January 2024. The current reading sits 18.3 above its trailing ten-year mean of 103.2.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.