Inflation Rate 2024 Canada. Some of the most notable annual average price increases experienced by canadian consumers were for gasoline (+28.5%), food purchased from stores (+9.8%) and shelter (+6.9%). Core inflation rate in canada is expected to be 1.70 percent by the end of this quarter, according to trading economics global macro models and analysts expectations.

The table below contains annual inflation rates in canada from 1915. These ontario inflation rate numbers are released by statistics canada.