FX.co ★ Canada’s Core CPI Growth Cools in August, Easing to 0.1% MoM

Canada’s core consumer price growth slowed in August 2026, with the month-over-month Core CPI rising 0.1%, down from a 0.2% increase in July. The latest data, updated on 14 September 2026, indicate a moderation in underlying inflation pressures compared with the previous month.

The August reading reflects a comparison of price changes against July 2026, while the July figure captured the change relative to June. The softening in core inflation suggests that momentum in price gains is easing on a monthly basis, a development that investors and policymakers will be watching closely as they assess the trajectory of Canada’s inflation environment in the second half of the year.