Inflation For 2024 Canada

Inflation For 2024 Canada. Annual inflation cooled sharply to two per cent in august, according to statistics canada, marking a major milestone in the bank of canada’s efforts to tame price pressures. 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.


Inflation For 2024 Canada

At the same time, core inflation declines more gradually. These consumer price indexes were released by statistics canada on november 19, 2024 for the month of october 2024.

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