2024 Inflation Rate Forecast Canada. The cpi is widely used as an indicator of the change in the general level of consumer prices or the rate of inflation. Inflation rate in canada decreased to 1.60 percent in september from 2 percent in august of 2024.
Since the purchasing power of money is affected by changes in prices, the. Core inflation is expected to ease gradually, while the path of cpi inflation will be bumpy.
