The annual variation rate of the CPI in Canada in May of 2024 was 2.9%, 2 tenths higher than the month before.The monthly variation rate of the CPI (Consumer Price Index) has been 0.6%, and thus the accumulated inflation in 2024 is 2%
We must highlight the increase of 2.9% in the prices of Recreation and culture, until its interannual rate reached 1.3%, which is in contrast to the decrease in the prices of Clothing and footwear of 0%, and an interannual variation of -3%.
In this page we show you the progression of the CPI in Canada. You can see the inflation in other countries in CPI and see all the information about Canada in Canada's economy