Current Inflation Rate 2024 Canada. Monetary policy is working to reduce inflationary pressures and inflation is coming down, although it will take more time to see if this progress proves. Canada inflation rate for 2021 was 3.40%, a 2.68% increase from 2020.
Canada’s annual inflation rate slowed more than expected to 1.6% in september, mainly on cheaper gasoline. It is obtained by comparing, over time, the cost of a fixed basket of goods and.
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