What Is The Inflation Rate For 2024 In Canada

What Is The Inflation Rate For 2024 In Canada. The current inflation rate in canada is 1.64%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in september 2024. Learn more about inflation in canada by category and by region, and compare cpi statistics for 2024.

Consumer price index inflation in the third quarter of 2024 came in 0.2 percentage points weaker than expected. The consumer price index rose 2% in october on a yearly basis, up from a 1.6% increase a month earlier, statistics canada reported tuesday in ottawa.