Current Inflation Rate 2024 Canada. 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. You can find upcoming cpi release dates for 2024 and 2025.

The consumer price index (cpi) rose 6.8% on an annual average basis in 2022. Canada inflation rate for 2022 was 6.80%, a 3.41% increase from 2021.