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Canada inflation eases to 1.7%, driven by falling gas prices
Out of 10 Canadian provinces, six saw prices rising at a slower year-over-year pace in July compared with June. Nova Scotia’s inflation held steady. Quebec, Prince Edward Island and Newfoundland and Labrador saw higher inflation in July, with the latter experiencing the most acceleration, mainly due to higher electricity prices.
Why is my grocery bill climbing even as Canada’s inflation rate falls? Here’s what’s behind the numbers
A big drop in gasoline prices is behind Canada’s inflation rate remaining low. Statistics Canada released its July Consumer Price Index (CPI) figures Aug. 19, which noted the rate dropped since June — and is now at 1.7 per cent. In June, it was a 1.9 per cent.
Canada’s annual inflation rate eased to 1.7 per cent in July from 1.9 per cent in the prior month as lower year-on-year ...
Canada’s inflation rate fell by slightly more than expected in July to 1.7 per cent, which economists say could pave the way ...
Inflation eased slightly in July, but core measures remain sticky, leaving economists doubtful the Bank of Canada will change ...
The Canadian dollar hit its lowest in almost three weeks against its U.S. counterpart on Tuesday as oil prices fell and ...
Although inflation in Canada eased to the Bank of Canada’s 2% target in August, Royal Bank of Canada economists aren’t partying. They argue 2024’s 2% inflation isn’t 2019’s 2%.
Consumer inflation in Canada rose by less than expected in July, according to Statistics Canada, as falling gasoline prices offset price increases elsewhere.
Canada's main stock index inched lower on Monday as investors avoided big bets ahead of domestic inflation data due on ...
The annual rate of inflation cooled to 1.7 per cent in July, according to Statistics Canada, down from 1.9 per cent in June.
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