2024 Inflation Rate Canada. Canada inflation rate for 2022 was 6.80%, a 3.41% increase from 2021. Canada inflation rate for 2021 was 3.40% , a 2.68% increase from 2020.


2024 Inflation Rate Canada

These consumer price indexes were released by statistics canada on september 17, 2024 for the month of august 2024. 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.

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