Inflation Rate 2024 Canada Map. Here are the contributions of each cpi category to canada’s october 2024 inflation rate. Inflation rate in canada increased to 2 percent in october from 1.60 percent in september of 2024.

Consumer price index inflation in the third quarter of 2024 came in 0.2 percentage points weaker than expected. Monetary policy has worked to reduce price pressures in the canadian economy.