Canadians’ Inflation Expectations for November 2024

Canadians’ Inflation Expectations for November 2024

Canadian
3 min read

Author: Walter Bolduc

$595.00

Canadians’ Inflation Expectations provides and analyzes the results of a monthly survey that collects the Canadian public’s outlooks on what inflation will be over the next one and three years.

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Month-to-month, on average, Canadians’ one-year expectation for inflation eased to 3.1 per cent in October while their three-year expectation eased to 3.5 per cent—the first decline in the average national three-year inflation expectation since June 2024.

Which provinces posted the lowest consumer price index (CPI) growth, and why? Which price component continues to be the biggest upward force on CPI inflation? While inflation appears to be under control, what risks could reignite consumer price growth?

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