2024 Inflation Canada. March inflation rose to 2.9% compared to 2.8% in february, due to a rise in gasoline prices. Canada inflation rate for 2022 was 6.80%, a 3.41% increase from 2021.
Canada’s annual inflation rate cooled to 2.8 per cent in february, with the cost of cellular services, groceries and internet access services contributing to slower. Historical inflation rates for canada.