2024 Canada Inflation Rate. The current inflation rate in canada is 2.69%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in april 2024. Canada inflation rate for 2022 was 6.80%, a 3.41% increase from 2021.
The bank of canada has trimmed its key policy rate by 25 basis points to 4.75 percent, in a widely expected move that marked its first cut in four years, and said more. Inflation decelerates and beats expectation.
You Can Find Upcoming Cpi Release Dates For 2024 And 2025.
June 4, 2024 at 11:53 am pdt.
Learn More About Inflation In Canada By Category And By Region, And Compare Cpi Statistics For 2024.
The most commonly cited measure of consumer inflation in canada is the consumer price index (cpi).
The Current Inflation Rate In Canada Is 2.69%, Which Is Calculated Based On Cpi (Consumer Price Index) Values For The Last 12 Months Ending In April 2024.
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Canada's Annual Inflation Rate Cooled To 2.8 Per Cent In February, With The Cost Of Cellular Services, Groceries And Internet Access Services Contributing To Slower.
Inflation refers to an increase in price levels over time.
Monetary Policy Is Working To Reduce Inflationary Pressures And Inflation Is Coming Down, Although It Will Take More Time To See If This Progress Proves Durable.