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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 ...
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Canada’s Core Inflation Stalls, Misses Estimates
Canada’s Core Inflation Rate MoM for July remained unchanged at 0.1%, consistent with the previous month’s figure. This ...
The consumer-price index rose a slightly hotter-than-anticipated 0.6% for the month to leave annual inflation unchanged at an as-expected 1.7%, a second straight month below the Bank of Canada’s ...
The Canadian dollar was barely changed against its U.S. counterpart on Monday as oil prices rose and investors awaited ...
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