Inflation Rate 2024 Canada Chart. View the cpi release schedule for more details on future release. Consumer price index cpi in canada averaged 68.31 points from 1950 until 2024, reaching an all time high of 162.10 points in july of 2024 and a record low of 12.10 points in january of 1950.
The annual inflation rate in canada fell to 1.6% in september of 2024 from 2% in the previous month, the lowest since february of 2021, and well below the market consensus of 1.9%. These consumer price indexes were released by statistics canada on november 19, 2024 for the month of october 2024.