Canada'S Current Inflation Rate 2024. Currency markets now see a 26% chance of a 50 basis point rate cut next month, down from 37% before the cpi data release. Canada inflation rate for 2020 was 0.72%, a.

Inflation rate in canada decreased to 1.60 percent in september from 2 percent in august of 2024. The inflation rate year over year is 1.6% (compared to 2.0% for the previous month ).