Inflation Rate For 2024 Canada 2024. Since central banks around the world swiftly increased interest rates, inflation in canada has come down from its june 2022 peak of 8.1 per cent to 2.8 per cent in february 2024. Canada's inflation rate ticked up to two per cent in october, statistics canada said on tuesday.

Meridian equity partners senior managing partner jonathan d. Slowing inflation and rising incomes will provide relief, even as the threat of an economic slowdown looms.