<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Chart 7: Measures of core inflation are showing signs of easing</label>
    <description><![CDATA[Monthly data, December 2025

Note: CPI-median is a measure of core inflation corresponding to the price change located at the 50th percentile. CPI-trim excludes CPI components whose rates of change in a given month are located in the tails of the distribution of price changes. All core inflation measures exclude the effect of indirect taxes.

Sources: Statistics Canada and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=250907</link>
</groupDetail>
<seriesDetail>
<series id="MPR_2026M01_CORE_BAR_S1">
<label>Year-over-year percentage change</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="MPR_2026M01_CORE_BAR_S2">
<label>6-month annualized rate</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
<series id="MPR_2026M01_CORE_BAR_S3">
<label>3-month annualized rate</label>
<description></description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="CPI-median"><v s="MPR_2026M01_CORE_BAR_S1">2.5</v><v s="MPR_2026M01_CORE_BAR_S2">2.0</v><v s="MPR_2026M01_CORE_BAR_S3">1.5</v></o>
<o k="CPI-trim"><v s="MPR_2026M01_CORE_BAR_S1">2.7</v><v s="MPR_2026M01_CORE_BAR_S2">2.2</v><v s="MPR_2026M01_CORE_BAR_S3">1.9</v></o>
</observations>
</data>