Mesures de l’inflation La Banque du Canada vise à maintenir l’inflation à 2 %, soit au point médian d’une fourchette cible allant de 1 à 3 %. As demand for goods and services recovers and oil prices rebound from historic lows, the PCE price index is expected to grow by 1.5 percent in 2021 on a fourth-quarter-to-fourth-quarter basis. Browse and filter Bank of Canada press content by topic, author, location and content type. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. 1915-2020 Data | 2021-2022 Forecast | Calendar | Historical. Also, cost of clothing & footwear dropped at a faster pace (-4.1% vs -1.3%), as demand for back-to-school clothing was impacted by factors related to COVID-19. Canada - Prévisions - Indicateurs économiques - Les prévisions pour les indicateurs économiques, y compris prévisions à long terme et à court terme. Learn more about why we’re consulting and what’s next. Our tools allow individuals and organizations to discover, visualize, model, and present their data and the world’s data to facilitate better decisions and better outcomes. However, it can... Knoema is the most comprehensive source of global decision-making data in the world. On a monthly basis, consumer prices went up 0.8%, the most since January 2017, following a 0.3% rise in the prior month. Inflation is projected to rise but nonetheless remain below the Federal Reserve’s long-run objective through 2021. Key Interest Rate: Target for the Overnight Rate, Market Operations and Liquidity Provision, Canadian Alternative Reference Rate Working Group, Operational details for upcoming secondary market purchases of Government of Canada securities (November 23 - December 4), Return to the Government of Canada Treasury Bill Standard Terms for Auctions, Upcoming changes to legal tender status for older bank notes, Summary of Government of Canada Direct Securities and Loans, Munk School of Global Affairs and Public Policy - Speech (Webcasts), Toward 2021: Renewing the Monetary Policy Framework, choosing the best monetary policy framework, Compare our current approach to potential alternatives, Ensure we have the right tools to do the job, Assess how our approach works with fiscal and financial stability policies. On a monthly basis, consumer prices declined 0.1 percent, the same as in the prior month and matching forecasts. This includes survey results; focus group testing; and discussions with industry, labour and civil society groups. Prices slowed for food (2.2% vs 2.7% in June), namely meat (4.8% vs 8.1%); and shelter (1.5% vs 1.7%). On a monthly basis, consumer prices went down 0.1 percent, compared with forecasts of a 0.1 percent gain. Agencies which produce projections for the period beyond 2019, namely, IMF and EIU, expect Canadian inflation rate to growth or does not change in 2019 with subsequent gradual rebound to the target level in the next two years. Inflation-control target, along with flexible exchange rate, is the main instrument of the monetary policy of the Bank of Canada. Browse and filter Bank of Canada publications by author, JEL code, topic and content type. La cible est exprimée en fonction du taux d’augmentation sur douze mois de l’indice des prix à la consommation (IPC) global. Meanwhile, prices advanced at a faster pace for health & personal care (0.6% vs 0.5%) and inflation remain steady for alcoholic beverages, tobacco products & recreational cannabis (at 0.6%). We are actively seeking and accepting formal submissions, including official letters or papers. Foreign Investors Buy CAD 4.5B of Canadian Securities in September, Canada Wholesale Sales Rise More than Expected, Canada Housing Starts Rise Less than Expected, Canada Manufacturing Sales Rebound in September, Canada Business Morale Improves in October, Canadian Economy Adds Less Jobs than Expected, Canada Jobless Rate Falls Less than Expected, Canada Imports Above Forecasts in September, New Zealand Producer Input Prices Rebound in Q3, API: US Crude Oil Inventories Rise More Than Expected, US Records International Capital Outflows in September. Research Research The annual inflation rate in Canada fell to 0.1 percent in July 2020 from an over nine-year high of 0.7 percent in June and compared with market expectations of a 0.5 percent gain. Also, prices increased further for shelter (1.7% vs 1%); and alcoholic beverages, tobacco products & recreational cannabis (0.6% vs 0.2%). Direct access to our calendar releases and historical data. Prediction: Value of $100 from 2020 to 2050 The buying power of $100 in 2020 is predicted to be equivalent to $242.73 in 2050. It was the biggest increase in consumer prices since March 2011, as cost of transport rebounded (0.1% vs -3% in May), as gasoline prices dropped at a slower pace for the second successive month (-15.7% vs -29.8%) mainly due to higher demand amid the gradual reopening of businesses and public services and a general rise in local travel. In 2015 it was an all-time low of -4.8%. Promoting a stable and efficient financial system. This calculation is based on future inflation assumption of 3.00% per year. On the other hand, prices slowed for food (1.8% vs 2.2%); household operations, furnishings and equipment (0.4% vs 0.6%); and alcoholic beverages, tobacco products & recreational cannabis (0.4% vs 0.6%). Federal Open Market Committee (FOMC) in its latest meeting on December 11, forecasted that the PCE inflation rate in the United States will average... Indonesia GDP Growth Forecast 2019-2024 and up to 2060, Data and Charts. In 2018, inflation is expected to rise by the major international agencies including IMF, UN, EC, OECD and EIU approaching to the midpoint of the target range and achieving the level of 1.9 to 2.2 percent. Publish your articles and forecasts in our website. Here’s what you can expect next. Each time the agreement is renewed, we look at how we might improve our approach. We’ll be collecting your feedback into a report that summarizes what we heard during all the public engagement activities we have undertaken for this renewal. The Bank expects Canada’s economy to grow by almost 4 percent on average in 2021 and 2022, following a decline of about 5 ½ percent in 2020.