Canada Inflation Rate

Canada, Inflation and Core Measures Ease

Canada Inflation Falls to 2.8%, Core Measures Ease

Canada’s inflation rate slowed by more than expected last month as gasoline prices eased and a key measure of core inflation dropped below 2% for the first time in nearly six years.

· 2d

Inflation eased to 2.8% in June as gas prices fell

· 1d

Canada’s June inflation cools to 2.8%, below estimates

The UK · 5h

Inflation eases again as fuel and food prices fall

UK inflation fell unexpectedly to 2.6% in June, down from 2.8% in May, according to the Office for National Statistics.

· 1d

Inflation rate tops 4% - worst in more than two years

· 22h

Fed to hold rates this year despite high inflation, but economists cite high chances of a hike: Reuters poll

NOW Toronto

‘I have definitely not noticed it’: Inflation is down, but Torontonians say prices still feel high

Canadians have been taking a hard hit from inflation over the last few months, but data shows the CPI has finally eased in June.

1monon MSN

Bank of Canada keeps key interest rate at 2.25% as it tries to balance competing economic risks

The central bank was largely expected to hold its benchmark rate at 2.25 — a fifth consecutive hold. Bank of Canada governor Tiff Macklem said the decision to stay on pause was made in effort to balance inflation threats from high oil prices,

12d

The inflation rate that actually matters most in retirement

Watching prices rise while you’re living on a fixed income sounds like a recipe for stress. But what if it actually isn’t quite as scary as it seems?

11d

Bank of Canada to hold rates steady in 2026 as inflation risks appear contained: Reuters poll

The Bank of Canada will hold its overnight rate at 2.25% on July 15 and keep it there well into next year as price pressures remain largely contained and the economy gradually recovers, a Reuters poll showed.

Canada inflation cools to 2.8% as underlying core pressures breach 2% threshold

Canada’s annual inflation rate decelerated more sharply than anticipated in June, driven by a substantial pull-back in global energy prices and a notable cooling in underlying core metrics. The consumer price index rose 2.