Inflation Rate 2024 In Canada. The bank of canada’s preferred measures of core inflation, which strip out volatile movements in the cpi, rose at an average annual rate of 2.55 per cent in october, up from. Canada’s inflation rate cooled to 1.6 per cent in september 2024, the smallest yearly increase since february, 2021.
Canada’s annual inflation rate rose more than expected to 2.0% in october as gas prices fell less than the previous month, data showed on tuesday, causing markets to scale. Canada’s inflation rate for october 2024 was 2%.