The annual inflation rate in canada eased to 2.7% in april of 2024 from 2.9% in the earlier month, in line with market expectations, to mark the softest rate of consumer price growth since march 2021. The consumer price index rose 2.9% in may from a year ago, up from 2.7% a month earlier, primarily due to higher prices for services, statistics canada reported.
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. 2024 should finally see some relief.
The Inflation Target Is Expressed As The.
Financial analysts were expecting an easing to 2.6 per.
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.
These consumer price indexes were released by statistics canada on june 25, 2024 for the month of may 2024.
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Canada's annual inflation rate unexpectedly accelerated to 2.9% in may, largely on higher prices for services, while key measures of core inflation edged up for.
The Annual Inflation Rate In Canada Eased To 2.7% In April Of 2024 From 2.9% In The Earlier Month, In Line With Market Expectations, To Mark The Softest Rate Of Consumer Price.