Current Inflation Rate 2024 Canada Today. Inflation rate in canada decreased to 2.50 percent in july from 2.70 percent in june of 2024. Economic growth is expected to be modest in 2024—weak in the first half before picking up around the middle of the year and rising to about 2½% in 2025.
It is obtained by comparing, over time, the cost of a fixed basket of goods and services purchased by consumers. August 26, 2024 at 12:01pm edt.