Rate Of Inflation 2024 Canada

Rate Of Inflation 2024 Canada. Canada inflation rate for 2021 was 3.40% , a 2.68% increase from 2020. Inflation in canada remains high but should come down quickly to around 3% in the middle of this year because of lower energy prices, improved supply chains and restrictive.

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. Canada inflation rate for 2021 was 3.40% , a 2.68% increase from 2020.