Inflation Rate 2024 Canada

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Inflation Rate 2024 Canada. The current inflation rate in canada is 2.67%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in june 2024. In depth view into canada inflation rate including historical data from 1915 to 2024, charts and stats.

We now expect the bank of canada to cut rates at each of its remaining decisions in 2024 before reaching our terminal rate forecast of 2.25 per cent at the end. Core consumer prices in canada increased 1.90 percent in june of 2024 over the same month in the previous year.