Inflation Rate 2024 Canada Graph. Consumer price index inflation in the third quarter of 2024 came in 0.2 percentage points weaker than expected. Canada’s inflation rate for october 2024 was 2%.

In the third quarter of 2024, many businesses continued to anticipate obstacles related to rising inflation, higher input costs, and interest and debt costs would challenge them. 302 rows the cpi is widely used as an indicator of the change in the general level of consumer prices or the rate of inflation.