Isis Josepha

Current Rate Of Inflation 2024 Canada. While a hold is widely expected, stubbornness in the inflation fight will be the key factor in 2024. Core inflation is expected to ease gradually, while the path of cpi inflation will be bumpy.

It undershot the 2% target after overshooting it for 3.5 years. Canada’s inflation rate dropped lower than expected in january — to 2.9 per cent from 3.4 per cent in december, but many consumers say they’re still feeling financial pain.