Forex Fundamentals
Canada Inflation Rate (CPI)

Canada Inflation Rate (CPI) 19 November 2024

Canada Inflation Rate (CPI) 19 November 2024: 2% for October 2024, above the 1.9% forecast and up from 1.6% in September 2024. 3 of the last 10 releases came in above the forecast. Printed 2%, inside the 1–3% target band. It was released on Tue 19 Nov 2024 at 13:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics Canada. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
2%
October 2024
Forecast
1.9%
The market consensus
Previous
1.6%
As the source gives it

What a print like this usually does

Above the forecast: A clear beat, particularly if inflation is moving away from 2%, would usually support the Canadian dollar significantly through a firmer expected rate path.

Canada Inflation Rate (CPI) 19 November 2024: 2% for October 2024 against a 1.9% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Canada Inflation Rate (CPI) 19 November 2024: 2% vs 1.9% forecast (Statistics Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/ca-cpi/2024-11-19

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
19 Nov 2024Oct2%1.9%1.6%
15 Oct 2024Sep1.6%1.8%2%
17 Sep 2024Aug2%2.1%2.5%
20 Aug 2024Jul2.5%2.5%2.7%
16 Jul 2024Jun2.7%—2.9%
25 Jun 2024May2.9%2.6%2.7%
21 May 2024Apr2.7%2.7%2.9%
16 Apr 2024Mar2.9%—2.8%
19 Mar 2024Feb2.8%3.1%2.9%
20 Feb 2024Jan2.9%3.3%3.4%
16 Jan 2024Dec3.4%3.4%3.1%
19 Dec 2023Nov3.1%2.9%3.1%
The release before:Canada Inflation Rate (CPI) 15 October 2024The release after:Canada Inflation Rate (CPI) 17 December 2024Canada Inflation Rate (CPI): every recent resultThis week’s economic calendar