Cost Of Living 2024 Forecast Canada. 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. While the economy should benefit from a more predictable environment, high interest rates will continue to weigh against more vigorous economic activity.
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. You can find upcoming cpi release dates for 2024 and 2025 on our schedule page.
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