Canada Inflation Rate March 2024
Canada Inflation Rate March 2024. Since the purchasing power of money is affected by changes in prices, the cpi is useful to virtually all canadians. Core consumer prices in canada increased 1.70 percent in july of 2024 over the same month in the previous year.
โ canada’s annual inflation rate slowed to 2.5 per cent in july โ down from 2.7 per cent in june, statistics canada said tuesday. The bank of canada today held its target for the overnight rate at 5%, with the bank rate at 5ยผ% and the deposit rate at 5%.