In the 12 months to August 2026, consumer prices in Canada changed +3.0%, groceries +2.8% and shelter +1.5%. The average hourly wage changed +2.0%.
Ten-year view
Prices and wages since 2016, Canada
Index, August 2016 = 100
Since August 2016, the average hourly wage in Canada has risen 41.7% and grocery prices 40.6%. Wages have kept ahead of grocery prices over the decade.
Consumer prices and the average hourly wage in Canada, indexed to August 2016 = 100
Average hourly wage141.7
Groceries140.6
Shelter140.2
All consumer prices131.9
90100110120130140150
August 2016 = 100
141.7131.9
201620182020202220242026
Show the data as a table
Consumer Price Index components and the average hourly wage in Canada, indexed to August 2016 = 100, same month each year
Month
Average hourly wage
Groceries
Shelter
All consumer prices
August 2016
100.0
100.0
100.0
100.0
August 2017
102.0
100.3
101.3
101.4
August 2018
104.2
100.6
103.7
104.3
August 2019
107.6
104.5
106.2
106.3
August 2020
114.4
106.2
107.8
106.4
August 2021
116.6
108.9
113.0
110.8
August 2022
122.2
120.7
120.5
118.6
August 2023
128.3
129.1
127.8
123.3
August 2024
134.7
132.2
134.6
125.7
August 2025
139.0
136.8
138.0
128.0
August 2026
141.7
140.6
140.2
131.9
Latest data: August 2026Sources
Source: Statistics Canada, Table 18-10-0004-01, Table 14-10-0063-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 18-10-0004-01, Table 14-10-0063-01, August 2026. This does not constitute an endorsement by Statistics Canada of this product.
Jobs and pay
Jobs and real wages in Canada
August 2026
Unemployment rate
6.4%
Unemployment change, 12 months
−0.7 pts
Employment rate
60.8%
Participation rate
65.0%
Job vacancy rate (Jun 2026)
2.9%
Real wage growth
−1.0 pts
Over the 12 months to August 2026, the average hourly wage changed +2.0% and consumer prices +3.0%, so pay lost 1.0 points to prices. Rates are seasonally adjusted, for people aged 15 and over.
Latest data: August 2026Sources
Source: Statistics Canada, Table 14-10-0287-01, Table 14-10-0371-01, Table 14-10-0063-01, Table 18-10-0004-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 14-10-0287-01, Table 14-10-0371-01, Table 14-10-0063-01, Table 18-10-0004-01, August 2026. This does not constitute an endorsement by Statistics Canada of this product.
Source: Statistics Canada, Table 18-10-0004-01Updated by CostWatch: September 27, 2026Adapted from Statistics Canada, Consumer Price Index, monthly, not seasonally adjusted, August 2026. This does not constitute an endorsement by Statistics Canada of this product.
Regular, Canada average, August 2026: +22.7% in 12 months.
Latest data: August 2026Sources
Source: Statistics Canada, Table 18-10-0001-01Updated by CostWatch: September 27, 2026Adapted from Statistics Canada, Monthly average retail prices for gasoline and fuel oil, by geography, August 2026. This does not constitute an endorsement by Statistics Canada of this product.
Source: Statistics Canada, Table 18-10-0245-01, Table 14-10-0063-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 18-10-0245-01, Table 14-10-0063-01, July 2026. This does not constitute an endorsement by Statistics Canada of this product.