2024 CPI and Inflation Rates for Ontario

This table shows the monthly All-Items Consumer Price Index (CPI-U) and annual inflation rates for Ontario in 2024. You can find upcoming CPI release dates on our schedule page. These Ontario inflation rate numbers are released by Statistics Canada.

MonthCPIMonthly Inflation Rate (%)Yearly Inflation Rate (%)
January159.9-0.12.7
February160.20.22.4
March161.40.72.6
April162.20.52.7
May163.20.63.0
June163.1-0.13.0
July163.90.52.7
August163.3-0.42.1
September162.8-0.31.9
Annual162.1500.2382.650