2024 Inflation Rate Canada By Country. In economic terms, inflation is the rate at which the general prices for goods and services rise in a given country. Real gross domestic product rose 0.2% in may after advancing 0.3% in april.

 — senior economist at uob global economics and markets research julia goh said bank negara would likely maintain its overnight policy rate (opr) of 3% at the. Grocery prices, for example, increased by 13.5% over the year ending in august 2022.