Canada Inflation Rate April 2024

Canada Inflation Rate April 2024. And compared with a year earlier, core inflation slowed from 3.3 per cent to 3.2 per cent — the lowest level since april 2021. The current inflation rate in canada is 2.67%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in june 2024.

Canada inflation rate for 2021 was 3.40% , a 2.68% increase from 2020. Canada’s annual inflation rate slowed to 2.7 per cent in april, matching analyst expectations and bolstering the case for the bank of canada to start cutting interest rates this summer.