2024 Inflation Forecast Canada. Inflation in canada continued to broadly ease in september as expected. Even with that big miss, the consensus still looks for inflation to fade to an average of 2.5% in 2022 (we’re 3.0%), easing to just 2.0% by the second half of the year.
On an annual basis, cpi inflation is expected to decline from 3.9 per cent in 2023 to 2.5 per cent in 2024 and to normalize to around 2 per cent over the remainder of the. As a result, the bank of.
