2024 Cpi Forecast Canada. Percentage of firms expecting cpi. Monetary policy is working to reduce price pressures in the canadian economy.
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 forecast horizon, the same as in fes 2023. Core inflation is expected to ease gradually, while the path of cpi inflation will be bumpy.