Inflation Rate 2024 Forecast Canada. The canadian dollar averaged just under us$0.745 (above c$1.342) in both december and january, after averaging us$0.729 (c$1.372) in october (the latter was the weakest. Core consumer prices in canada increased 1.50 percent in august of 2024 over the same month in the previous year.

Canada inflation rate for 2022 was 6.80%, a 3.41% increase from 2021. 300 rows  — monetary policy is working to reduce price pressures in the canadian.