What Is Current Inflation Rate 2024. Interest rates are working to moderate spending and inflation is easing gradually, though underlying pressures are proving persistent. Canada's annual inflation rate slowed to 2.9 per cent in january, mostly due to a deceleration in the price of gas, statistics canada said tuesday.
February was the first month since october 2021 that grocery prices increased at a slower rate than headline inflation. Interest rates are working to moderate spending and inflation is easing gradually, though underlying pressures are.
Canada's Annual Inflation Rate Slowed To 2.9 Per Cent In January, Mostly Due To A Deceleration In The Price Of Gas, Statistics Canada Said Tuesday.
Interest rates are working to moderate spending and inflation is easing gradually, though underlying pressures are proving persistent.
Hereโs The Inflation Breakdown For January 2024 โ In One Chart.
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February Was The First Month Since October 2021 That Grocery Prices Increased At A Slower Rate Than Headline Inflation.
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The bank projects that inflation will stay.
2024 Cpi And Inflation Rates For Canada.
The results shown are based on the most recent month for which the cpi data.
