Inflation Rate 2024 In Canada. Canada inflation rate for 2021 was 3.40% , a 2.68% increase from 2020. “we are changing our forecast for the fed, as higher inflation results in a slower pace of rate cuts in 2025,” the td report said—with the fed ending 2025 with its key rate at 3.5%.

Exploring shrinkflation in the consumer price index. Canada inflation rate for 2021 was 3.40% , a 2.68% increase from 2020.