Current Inflation Rate 2024 Canada. Department of labor showed that consumer prices rose just 0.2 per cent from june to july, after dropping slightly the previous month for the first time in four. Inflation in canada remains high but should come down quickly to around 3% in the middle of this year because of lower energy prices, improved supply chains and restrictive monetary policy.
Get notified once a month. Each month, statistics canada releases cpi data for the previous month.