Inflation Rate Canada 2024. Since the purchasing power of money is affected by changes in prices, the cpi is useful to virtually all. Canada's annual inflation rate accelerated more than expected to 2.0% in october as gas prices fell less than the previous month, data showed on tuesday, likely diluting.
The inflation target is expressed as the year. Inflation rate in canada decreased to 1.60 percent in september from 2 percent in august of 2024.