Inflation Rate 2024 Canada November. — current canada inflation rate. The annual inflation rate in canada fell to 2.5% in july of 2024 from 2.7% in the previous month, matching market expectations, to mark the softest increase in consumer prices since march of 2021.
— canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent, above the bank of canada’s target range. The consumer price index in canada decreased 0.20 percent in august of 2024 over the previous month.