Canada Inflation Rate 2024. The consumer price index fell from 3.2% in october to 2.9% in july (the most recent data available). Canada inflation rate for 2022 was 6.80%, a 3.41% increase from 2021.
Core consumer prices in canada increased 1.70 percent in july of 2024 over the same month in the previous year. The consumer price index fell from 3.2% in october to 2.9% in july (the most recent data available).