Canada Inflation Rate March 2024

Canada Inflation Rate March 2024. 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%). The bank projects that inflation will reach the 2% target by the end of 2024.


Canada Inflation Rate March 2024

Canada’s inflation rate ticked higher in march, as expected. However, the cost to carry a mortgage — essentially, interest charges — was up substantially, at 25.4 per cent in march 2024 compared to march 2023.

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