Cpi For 2024 Canada And Us
Cpi For 2024 Canada And Us. The consumer price index (cpi) is an indicator of changes in consumer prices experienced by canadians. On a monthly basis, the canadian cpi decreased by 0.2% in august, compared to expectations for a flat reading, following a 0.4% rise in the prior month.
The annual rate of inflation moved higher last month for the first time since march, as expected โ but economists say the underlying trend remains favorable for another round. The outlook for us economic growth is revised up over 2024 and 2025.