Inflation 2024 Canada. Since central banks around the world swiftly increased interest rates, inflation in canada has come down from its june 2022 peak of 8.1 per cent to 2.8 per cent in february 2024. Inflation in canada hits 2% target for first time since 2021.


Inflation 2024 Canada

Inflation returns sustainably to the 2% target in the second half of 2025. Cbcโ€™s peter armstrong breaks down the financial outlook for 2024 and why thereโ€™s still.

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