FLCA - Canada's annual inflation rate drops to 2.7% in April May, 21 2024 08:33 AM Franklin FTSE Canada 2024-05-21 08:33:17 ET The inflation rate in Canada decreased to 2.7% in April from 2.9% in March. On a monthly basis, the Consumer Price Index in Canada increased 0.5% in April. Core consumer prices in Canada increased 1.6% in April over the same month in the previous year. For further details see: Canada's annual inflation rate drops to 2.7% in April