Canada Inflation Rate 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. Core consumer prices in canada increased by 1.90 percent in june 2024 compared to the same month in the previous year, marking the third consecutive month of acceleration.
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. Monetary policy is working to reduce price pressures in the canadian economy.