What Is The Inflation Rate For 2024 In Canada. The most commonly cited measure of consumer inflation in canada is the consumer price index (cpi). Canada's annual inflation rate slowed to 2.9 per cent in january, mostly due to a deceleration in the price of gas, statistics canada said tuesday.
Core inflation is expected to ease gradually, while the path of cpi. 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.
