What Is The Current Rate Of Inflation 2024 Canada. Cpi data visualization tool the consumer price index data visualization tool is an. Since central banks around the world swiftly increased interest rates, inflation in canada has come down from its june 2022 peak of 8.1 per cent to 2.8 per cent in february 2024.

Monetary policy is working to reduce price pressures in the canadian economy. Core inflation is expected to ease gradually, while the path of cpi inflation will be bumpy.