Rate Of Inflation January 2024 Canada. Canada’s consumer price index rose 2.8 per cent year over year in february, down from the 2.9 per cent reading in january and below the market consensus of a reacceleration to 3.1 per cent. Statistics canada is set to release its january consumer price index report on tuesday and forecasters expect canada’s inflation rate fell.
Press, speeches and appearances, webcasts. Historical inflation rates for canada.
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Economists and market watchers are firming up their bets for bank of canada interest rate cuts after another soft inflation report showed more signs of easing price pressures.
Updated February 20, 2024 7:34 Pm.
Canada’s consumer price index rose 2.8 per cent year over year in february, down from the 2.9 per cent reading in january and below the market consensus of a reacceleration to 3.1 per cent.
Excluding Food And Energy, The Index Rose 2.7% From A Year Ago, Down From 2.9%.
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Economists And Market Watchers Are Firming Up Their Bets For Bank Of Canada Interest Rate Cuts After Another Soft Inflation Report Showed More Signs Of Easing Price Pressures.
3.9% (annual change) cpi news.
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The consumer price index rose 2.9 per cent in january on an annual basis, down from 3.4 per cent in december, statistics canada said tuesday in a report.