Canada Inflation Rate July 2024. Canada's annual inflation rate dropped to 2.5 per cent in july โ down from 2.7 per cent in june, statistics canada said tuesday. Canada's inflation rate cooled to 2.5% in july, the lowest rate since march 2021.
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. View the cpi release schedule for more details on.
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