Inflation Rate For 2024 Canada July. You can find upcoming cpi release dates on our schedule page. The annual inflation rate in canada fell to 2.5% in july of 2024 from 2.7% in the previous month, matching market expectations, to mark the softest increase in consumer prices since march of 2021.

Financial markets on tuesday advanced their bets for a rate cut at the central bank’s july 24 rate announcement to 88 per cent from 82 per cent previously, according to. The canadian consumer price index reference paper.