March 2024 Inflation Canada. In february, that measure was at 2.8 per. 296 rows monetary policy is working to reduce inflationary pressures and inflation is coming down, although it will take more time to see if this progress proves durable.
The federal agency’s consumer price index for march 2024 saw a 2.9 per cent increase compared to the year before. That’s four months in a row inflation in canada has been within the bank of canada’s target range.