Rate Of Inflation 2024 Canada 2024. The current inflation rate in canada is 2.02%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in october 2024. The consumer price index for canada is 161.8 for the month of october 2024.
Inflation is now near the middle of the bank of canada’s control range of 1% to 3%. In total, food costs will rise somewhere between.
