<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 17: CPI inflation averages around 2% over the scenario horizon</label>
    <description><![CDATA[Contributions to year-over-year CPI inflation, quarterly data

No changes to indirect tax rates are assumed over the outlook horizon.

Statistics Canada and Bank of Canada calculations and estimates]]></description>
    <link>https://www.bankofcanada.ca/?p=246636</link>
</groupDetail>
<seriesDetail>
<series id="MPR_2025M07_CPI_CONTRIBUTIONS_S1">
<label>Total CPI excluding indirect taxes</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M07_CPI_CONTRIBUTIONS_S2">
<label>Total CPI</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M07_CPI_CONTRIBUTIONS_S3">
<label>Food</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M07_CPI_CONTRIBUTIONS_S4">
<label>Energy</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M07_CPI_CONTRIBUTIONS_S5">
<label>Goods excluding food and energy</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M07_CPI_CONTRIBUTIONS_S6">
<label>Services excluding shelter</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="MPR_2025M07_CPI_CONTRIBUTIONS_S7">
<label>Shelter</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2024-01-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.28</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">0.05</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.29</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.47</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">1.71</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">2.8</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.7</v></o>
<o d="2024-04-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.19</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">0.22</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">-0.01</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.63</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">1.67</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">2.7</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.6</v></o>
<o d="2024-07-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.27</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">-0.29</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">-0.13</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.68</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">1.56</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">2.1</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">1.9</v></o>
<o d="2024-10-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.26</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">-0.07</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">-0.16</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.52</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">1.34</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">1.9</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">1.9</v></o>
<o d="2025-01-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.28</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">0.20</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.12</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.57</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">1.13</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">2.3</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.5</v></o>
<o d="2025-04-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.36</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">-0.77</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.38</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.79</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.94</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">1.7</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.4</v></o>
<o d="2025-07-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.41</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">-0.76</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.65</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.72</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.78</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">1.8</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.4</v></o>
<o d="2025-10-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.49</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">-0.84</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.77</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.83</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.65</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">1.9</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.4</v></o>
<o d="2026-01-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.55</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">-1.07</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.73</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.88</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.61</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">1.7</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.0</v></o>
<o d="2026-04-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.45</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">-0.23</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.63</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.54</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.62</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">2.0</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.0</v></o>
<o d="2026-07-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.30</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">-0.01</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.51</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.68</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.62</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">2.1</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.1</v></o>
<o d="2026-10-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.21</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">0.07</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.48</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.70</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.64</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">2.1</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.1</v></o>
<o d="2027-01-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.19</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">0.08</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.42</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.67</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.64</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">2.0</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">2.0</v></o>
<o d="2027-04-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.17</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">0.06</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.40</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.63</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.64</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">1.9</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">1.9</v></o>
<o d="2027-07-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.17</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">0.06</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.39</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.61</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.67</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">1.9</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">1.9</v></o>
<o d="2027-10-01"><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S3">0.16</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S4">0.06</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S5">0.42</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S6">0.56</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S7">0.70</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S2">1.9</v><v s="MPR_2025M07_CPI_CONTRIBUTIONS_S1">1.9</v></o>
</observations>
</data>