Current Inflation Rate 2024 Canada. Inflation in canada remains high but should come down quickly to around 3% in the middle of this year because of lower energy prices, improved supply chains. Fed officials have been holding borrowing costs at 5.3.

Inflation in canada remains high but should come down quickly to around 3% in the middle of this year because of lower energy prices, improved supply chains. Trading economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures,.