15.12.202513:30:00UTC+00Canada's Inflation Rate Experiences Slight Uptick in November

Canada witnessed a modest increase in its Common Consumer Price Index (CPI) for November 2025, as the index ticked up to 2.8%, according to data updated on December 15, 2025. This incremental rise follows a 2.7% rate in October, marking a subtle increase in annual inflation.

The Common CPI is a vital gauge of inflation, as it tracks changes in the price Canadians pay for goods and services. The year-over-year comparison revealed that prices have slightly accelerated in pace compared to the previous month, indicating a degree of price pressure emerging from the current economic conditions.

The ongoing fluctuation in the CPI can be attributed to various economic factors, including supply chain dynamics and consumer demand shifts. As the country continues to navigate post-pandemic economic recovery, the Bank of Canada and policymakers are likely monitoring these modest inflation changes closely to inform future interest rate decisions and economic strategies.