2024 Inflation Rate Forecast Canada. Forecast by td economics, september 2024. They are both expected to adopt a more gradual easing pace as 2025 unfolds, as the final few tenths down to 2% inflation prove to be stubborn.
After a period of high inflation, we expect headline and core consumer price inflation to stabilize around the 2% target over the medium term. Core inflation is expected to ease gradually, while the path of cpi inflation will be bumpy.