The consumer price index rose 2.9% in may. Since central banks around the world swiftly increased interest rates, inflation in canada has come down from its june 2022 peak of 8.1 per cent to 2.8 per cent in february 2024.
The current inflation rate in canada is 2.69%, which is calculated based on cpi (consumer price index) values for the last 12 months ending in april 2024. In response to rising inflation, the bank of canada rapidly raised its benchmark interest rate by 4.75 percentage points to 5 per cent, as of july 2023—where.
You Can Find Upcoming Cpi Release Dates On Our Schedule.
Ottawa — canada’s annual inflation rate was 2.8 per cent in february, statistics canada says.
The Consumer Price Index Rose 2.9% In May.
April inflation declined to 2.7% compared to 2.9% in march.
Images References :
Historical Inflation Rates For Canada.
Other key core measures also showed disinflation.
The Inflation Rate Is Based Upon The.
Below are the dates for the monthly consumer price index (cpi) releases.
