Inflation Rate For 2024 Canada Forecast. While service prices have typically grown at a faster annual average pace than goods over the. In less than two years it has fallen from 7.8 per cent to 2.8 per cent.
In less than two years it has fallen from 7.8 per cent to 2.8 per cent. 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.