Current Inflation Rate 2024 Canada. This calculator uses monthly consumer price index (cpi) data from 1914 to the present to show changes in the cost of a fixed basket of consumer purchases. The current inflation rate compared to the end of last year is now 1.15%.

August 20, 2024 at 9:01 am edt. Consumer price inflation, which peaked at 9 percent, is now under 3 percent.