What Was The Inflation Rate In 2024 In Canada

What Was The Inflation Rate In 2024 In Canada. The current inflation rate in canada is 2.02%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in october 2024. Learn more about inflation in canada by category and by region, and compare cpi statistics for 2024.

Economists say the latest canadian inflation figures are unlikely to discourage the bank of canada from lowering interest rates at its next meeting but could influence the size of. Canada’s annual inflation rate slowed to 2.9 per cent in january, according to data from statistics canada.