2024 Inflation Rate Canada Per Year

2024 Inflation Rate Canada Per Year. Canada's inflation rate fell to 1.6 per cent in september, statistics canada reported tuesday, after hitting the bank of canada's two per cent goal in august. Canada inflation rate for 2021 was 3.40% , a 2.68% increase from 2020.

During the observation period from 1960 to 2023, the average inflation rate was 3.8% per year. Core inflation is expected to ease gradually, while the path of cpi inflation will be bumpy.