The rapid rise in Canadian inflation likely slowed in July as global commodity prices fell—mirroring a drop in the U.S. inflation earlier this week. By our estimate, headline inflation slowed to 7.7% on a year-over-year basis, down from 8.1% in June. The price of gasoline has declined almost 10% since July, though it remains up […]
The post Forward Guidance: Canadian Inflation Cooled Off in July appeared first on Action Forex.
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