Canadian Inflation Loses a Bit of Steam in July

Consumer price inflation lost a bit of steam in July, but was still high – up 7.6% year-on-year (y/y). It was a step in the right direction though, losing a bit of steam from an 8.1% y/y pace in June. Lower gasoline prices held down inflation in July, with prices falling 9.2% on the month […]

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