Inflation Rate For 2024 Canada Today

Inflation Rate For 2024 Canada Today. View the cpi release schedule for more details on. The decrease in the opening rate in june was the largest since august 2021 while the closure rate reached its highest level since june 2020.

The bank cut again by that amount in july and september, bringing the policy rate to 4.25%. The annual inflation rate in canada fell to 2.5% in july of 2024 from 2.7% in the previous month, matching market expectations, to mark the softest increase in consumer prices since march of 2021.