Consumer price inflation took another small step in the right direction in August, easing to 7.0% year-on-year (y/y), down from 7.6% in July. Lower gasoline prices helped cool inflation once again, falling 9.6% on the month – the largest monthly decline since April 2020. However, gasoline prices are still 22% higher than a year ago. […]
The post Canadian Inflation Takes Another Step in the Right Direction in August appeared first on Action Forex.
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