{"series":{"id":"cpi-trim","label":"CPI-trim","description":"Bank of Canada core inflation measure CPI-trim, year-over-year percent change.","unit":"percent","frequency":"monthly","category":"inflation","citation":"Source: Bank of Canada (Valet series CPI_TRIM)","derived":false,"formula":null,"first_date":"1995-01-01","latest":{"date":"2026-08-01","value":1.9},"csv_url":"https://data.spheracredit.com/api/v1/series/cpi-trim.csv","methodology":{"source":"Bank of Canada, Valet series CPI_TRIM (\"CPI-trim\"), also published as Statistics Canada table 18-10-0256-01 (\"Measure of core inflation based on a trimmed mean approach, CPI-trim (year-over-year percent change)\").","definition":"A Bank of Canada measure of core inflation, as a year-over-year percent change. It \"excludes 20 per cent of the weighted monthly price variations at both the bottom and top of the distribution of price changes, and thus it always removes 40 per cent of the total CPI basket\". The excluded components can change from month to month.","calculation":"Published as is by the source. Sphera Credit does not transform the values. Statistics Canada computes it from Consumer Price Index component series that are seasonally adjusted and adjusted to remove the effect of changes in indirect taxes. Since the January 2024 reference month, the year-over-year change is calculated from index values rounded to one decimal place.","timing":"Monthly. Each value is dated the first day of its reference month.","caveats":["Subject to revision, because it is based on seasonally adjusted price index series. Sphera Credit serves the Bank of Canada's current values, so past months can change."],"references":[{"title":"Bank of Canada: Consumer price index","url":"https://www.bankofcanada.ca/rates/price-indexes/cpi/"},{"title":"Statistics Canada table 18-10-0256-01: Consumer Price Index statistics, measures of core inflation, Bank of Canada definitions","url":"https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1810025601"},{"title":"Bank of Canada Valet series CPI_TRIM","url":"https://www.bankofcanada.ca/valet/series/CPI_TRIM/json"}]}},"observations":[["1995-01-01",1.8],["1995-02-01",1.8],["1995-03-01",1.9],["1995-04-01",2.1],["1995-05-01",2.3],["1995-06-01",2.3],["1995-07-01",2.2],["1995-08-01",2.1],["1995-09-01",2.2],["1995-10-01",2],["1995-11-01",1.9],["1995-12-01",1.7],["1996-01-01",1.5],["1996-02-01",1.5],["1996-03-01",1.4],["1996-04-01",1.2],["1996-05-01",1.2],["1996-06-01",1.2],["1996-07-01",1.2],["1996-08-01",1.1],["1996-09-01",1.1],["1996-10-01",1.3],["1996-11-01",1.4],["1996-12-01",1.4],["1997-01-01",1.3],["1997-02-01",1.3],["1997-03-01",1.3],["1997-04-01",1.3],["1997-05-01",1.2],["1997-06-01",1.3],["1997-07-01",1.1],["1997-08-01",1.2],["1997-09-01",1.1],["1997-10-01",1],["1997-11-01",0.8],["1997-12-01",0.8],["1998-01-01",1.1],["1998-02-01",1.1],["1998-03-01",0.9],["1998-04-01",0.9],["1998-05-01",0.9],["1998-06-01",0.9],["1998-07-01",1.1],["1998-08-01",1.1],["1998-09-01",1],["1998-10-01",1.2],["1998-11-01",1.2],["1998-12-01",1.1],["1999-01-01",1],["1999-02-01",1],["1999-03-01",1.2],["1999-04-01",1.3],["1999-05-01",1.3],["1999-06-01",1.2],["1999-07-01",1.3],["1999-08-01",1.3],["1999-09-01",1.6],["1999-10-01",1.5],["1999-11-01",1.5],["1999-12-01",1.6],["2000-01-01",1.5],["2000-02-01",1.6],["2000-03-01",1.6],["2000-04-01",1.5],["2000-05-01",1.6],["2000-06-01",1.8],["2000-07-01",1.8],["2000-08-01",1.9],["2000-09-01",1.8],["2000-10-01",1.9],["2000-11-01",2],["2000-12-01",2.1],["2001-01-01",2.2],["2001-02-01",2.2],["2001-03-01",2.2],["2001-04-01",2.4],["2001-05-01",2.4],["2001-06-01",2.4],["2001-07-01",2.5],["2001-08-01",2.4],["2001-09-01",2.3],["2001-10-01",2.2],["2001-11-01",1.9],["2001-12-01",1.9],["2002-01-01",2],["2002-02-01",2],["2002-03-01",2],["2002-04-01",2.1],["2002-05-01",2],["2002-06-01",1.9],["2002-07-01",1.9],["2002-08-01",2.1],["2002-09-01",2.1],["2002-10-01",2.1],["2002-11-01",2.3],["2002-12-01",2.2],["2003-01-01",2.2],["2003-02-01",2.3],["2003-03-01",2.2],["2003-04-01",2],["2003-05-01",1.9],["2003-06-01",1.9],["2003-07-01",1.8],["2003-08-01",1.7],["2003-09-01",1.8],["2003-10-01",1.7],["2003-11-01",1.7],["2003-12-01",1.7],["2004-01-01",1.7],["2004-02-01",1.6],["2004-03-01",1.4],["2004-04-01",1.6],["2004-05-01",1.6],["2004-06-01",1.6],["2004-07-01",1.7],["2004-08-01",1.7],["2004-09-01",1.6],["2004-10-01",1.7],["2004-11-01",1.9],["2004-12-01",1.9],["2005-01-01",1.7],["2005-02-01",1.7],["2005-03-01",1.9],["2005-04-01",1.8],["2005-05-01",1.8],["2005-06-01",1.8],["2005-07-01",1.7],["2005-08-01",1.7],["2005-09-01",1.8],["2005-10-01",1.8],["2005-11-01",1.7],["2005-12-01",1.6],["2006-01-01",1.8],["2006-02-01",1.7],["2006-03-01",1.8],["2006-04-01",1.7],["2006-05-01",1.9],["2006-06-01",1.7],["2006-07-01",2],["2006-08-01",2.2],["2006-09-01",2.3],["2006-10-01",2.4],["2006-11-01",2.5],["2006-12-01",2.5],["2007-01-01",2.5],["2007-02-01",2.8],["2007-03-01",2.8],["2007-04-01",2.8],["2007-05-01",2.8],["2007-06-01",2.9],["2007-07-01",2.7],["2007-08-01",2.5],["2007-09-01",2.5],["2007-10-01",2.4],["2007-11-01",2.2],["2007-12-01",2.2],["2008-01-01",2.3],["2008-02-01",2.2],["2008-03-01",2],["2008-04-01",2.3],["2008-05-01",2.3],["2008-06-01",2.3],["2008-07-01",2.5],["2008-08-01",2.5],["2008-09-01",2.5],["2008-10-01",2.5],["2008-11-01",2.7],["2008-12-01",2.7],["2009-01-01",2.5],["2009-02-01",2.4],["2009-03-01",2.4],["2009-04-01",2],["2009-05-01",2],["2009-06-01",1.9],["2009-07-01",1.6],["2009-08-01",1.5],["2009-09-01",1.3],["2009-10-01",1.3],["2009-11-01",1.3],["2009-12-01",1.3],["2010-01-01",1.3],["2010-02-01",1.3],["2010-03-01",1.1],["2010-04-01",1.3],["2010-05-01",1.2],["2010-06-01",1.1],["2010-07-01",1.3],["2010-08-01",1.2],["2010-09-01",1.3],["2010-10-01",1.5],["2010-11-01",1.3],["2010-12-01",1.4],["2011-01-01",1.3],["2011-02-01",1.2],["2011-03-01",1.6],["2011-04-01",1.5],["2011-05-01",1.8],["2011-06-01",1.8],["2011-07-01",1.8],["2011-08-01",2],["2011-09-01",2.1],["2011-10-01",2],["2011-11-01",2.1],["2011-12-01",1.9],["2012-01-01",2.1],["2012-02-01",2.2],["2012-03-01",1.9],["2012-04-01",2.1],["2012-05-01",1.7],["2012-06-01",1.5],["2012-07-01",1.5],["2012-08-01",1.5],["2012-09-01",1.3],["2012-10-01",1.3],["2012-11-01",1.2],["2012-12-01",1.2],["2013-01-01",1],["2013-02-01",1.2],["2013-03-01",1.2],["2013-04-01",0.9],["2013-05-01",1.1],["2013-06-01",1.3],["2013-07-01",1.3],["2013-08-01",1.1],["2013-09-01",1.3],["2013-10-01",1.2],["2013-11-01",1.3],["2013-12-01",1.4],["2014-01-01",1.5],["2014-02-01",1.3],["2014-03-01",1.5],["2014-04-01",1.6],["2014-05-01",1.8],["2014-06-01",1.8],["2014-07-01",1.6],["2014-08-01",1.7],["2014-09-01",1.7],["2014-10-01",1.7],["2014-11-01",1.7],["2014-12-01",1.6],["2015-01-01",1.7],["2015-02-01",1.6],["2015-03-01",1.6],["2015-04-01",1.4],["2015-05-01",1.5],["2015-06-01",1.5],["2015-07-01",1.7],["2015-08-01",1.6],["2015-09-01",1.7],["2015-10-01",1.7],["2015-11-01",1.8],["2015-12-01",1.8],["2016-01-01",1.8],["2016-02-01",1.8],["2016-03-01",1.8],["2016-04-01",1.9],["2016-05-01",1.9],["2016-06-01",2],["2016-07-01",1.9],["2016-08-01",1.9],["201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