Canada’s median Consumer Price Index (CPI) inflation remained unchanged in March 2026, standing at 2.3% year-over-year, the same pace recorded in February 2026. The data, updated on 20 April 2026, show that underlying inflation pressures, as captured by the median CPI measure, have stabilized on an annual basis.
The median CPI compares price changes in March 2026 with those of March 2025, while the previous reading reflected the change in February 2026 versus February 2025. With both months posting an identical 2.3% year-over-year increase, the figures suggest a steady inflation environment over the late winter period. This stability in core price dynamics may be closely monitored by markets and policymakers as they assess the trajectory of inflation relative to longer-term targets.
