2024 Inflation Rate By Month Canada

2024 Inflation Rate By Month Canada. The annual inflation rate in canada decelerated for the third month to hit 2% in august 2024, the softest since february 2021, slightly below forecasts of 2.1% and reaching the central bank's target for the first time in over three years. Canada’s inflation rate for september 2024 was 1.6%.

Core consumer prices in canada increased 1.60 percent in september of 2024 over the same month in the previous year. Annual and monthly inflation rates in.