Canadian Inflation Cooled in June  

Headline CPI inflation eased to 2.8% year-on-year (y/y) in June, down from 3.2% in May, thanks to lower prices at the pump. Prices at the pump fell 10.2% in June, but were still up 20.5% y/y. Canadians also got some relief at grocery stores, with prices for food purchased from stores up 3.9% y/y in […]

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