What Is The Current Inflation Rate March 2024. The annual inflation rate in canada eased to 2.7% in april of 2024 from 2.9% in the earlier month, in line with market expectations, to mark the softest rate of consumer price. City average series for all items, not seasonally adjusted.

The index for apparel increased 0.7 percent over the month. This is lower than the long term average of 3.28%.