OTTAWA - Falling gas prices in June are expected to pull the annual inflation rate back below three per cent when Statistics Canada reports fresh price data on Monday.
OTTAWA - Falling gas prices in June are expected to pull the annual inflation rate back below three per cent when Statistics Canada reports fresh price data on Monday.
A Reuters poll of economists expects inflation fell to 2.9 per cent in June from a recent high of 3.2 per cent in May, according to LSEG Data & Analytics.
Canada's inflation rate slowed in June, as consumers got some relief from higher gas prices over the month. Read more
OTTAWA - High oil and gasoline prices are expected to push inflation higher when Statistics Canada reports its consumer price…
Prices at the pump increased at a slower rate on a year-over-year basis in June compared to May, the data showed.
Canada's annual inflation rate edged up to 3.2 per cent in May, according to Statistics Canada. While gas prices led the overall…
Canada's inflation rate accelerated to 3.2 per cent in May, mainly driven by rising gasoline prices. Read more.
Lower gasoline prices slowed inflation in June, though many household costs remained stubbornly high.
Inflation eased more than expected in June as gas prices fell, CPI report shows
