Inflation Rate 2024 Canada July. Inflation in the prices of goods excluding energy has fallen sharply across many economies, while inflation in services excluding shelter remains elevated. 26 rows in depth view into canada inflation rate including historical data from 1915 to 2024, charts and stats.

Canada’s annual inflation rate fell to 2.5 per cent in july, largely driven by lower prices for travel tours, passenger vehicles and electricity. Canada’s annual inflation rate slowed to 2.5 per cent in july — down from 2.7 per cent in june, statistics canada said tuesday.