Canada’s CPI rises to 1.9% yoy in June, core measures unchanged

Canada’s CPI rose 0.1% mom in June, falling short of the expected 0.2% mom gain. On an annual basis, headline inflation accelerated from 1.7% yoy to 1.9% yoy, matching expectations. The increase was driven partly by a smaller year-on-year decline in gasoline prices and firmer price gains in durable goods like vehicles and furniture. Meanwhile, […]

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