Rate Of Inflation 2024 Canada January. Inflation in the third quarter fell by more than expected primarily. Inflation in canada remains high but should come down quickly to around 3% in the middle of this year because of lower energy prices, improved supply chains and restrictive.
Monetary policy has worked to reduce price pressures in the canadian economy. Canada’s annual inflation rate slowed significantly more than expected to 2.9% in january and core price measures also eased, data showed on tuesday, bringing forward bets.