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Temporary relief in gas prices expected to pull inflation back below 3% in June
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.
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pbs.org
Inflation cools more than expected in June as gas costs fall and underlying prices ease
Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation.
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theguardian.com
Inflation cools to 3.5% in June in relief brought by brief US-Iran peace deal
Recent strikes have sent oil prices climbing again, with average gas price per gallon up by $0.70 compared with 2025
