Canadian Inflation Decelerates to 2.7%
Canadian Inflation Fell in June, Setting the Stage For BoC Rate CutInflation unexpectedly slipped 0.1% (not seasonally adjusted) in June, following a 0.6% increase in May. This was the first decline in six months. The monthly decrease was driven by lower prices for travel tours (-11.1%) and gasoline (-3.1%).The Consumer Price Index (CPI) rose 2.7% …
