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2025 Inflation Rate Canada Forecast

2025 Inflation Rate Canada Forecast

2025 Inflation Rate Canada Forecast. These consumer price indexes were released by statistics canada on january 21, 2025 for the month of december 2024. After two years of relentless interest rate hikes, the bank of canada has delivered two rate cuts so far this year, lowering the policy rate to 4.5%.


2025 Inflation Rate Canada Forecast

In the absence of new tariffs, growth is forecast to strengthen, and inflation remains close to 2%. Looking ahead, with much slower population growth and a pickup in the economic growth rate over the next year, we expect this steep deterioration in the job market to give way.

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