Canada Inflation Rate May 2024. Consumer price index inflation in the third quarter of 2024 came in 0.2 percentage points weaker than expected. Inflation accelerated in may as the costs of services and groceries ticked up, statistics canada said tuesday.

This calculator uses monthly consumer price index (cpi) data from 1914 to the present to show changes in the cost of a fixed basket of consumer. Economic growth in canada is forecast to improve in the second half of 2024 and strengthen further in 2025 and 2026.