Inflation In Canada Drops To 2.5% In July
August 21, 2024 at 08:49 AM EDT
Canada’s CPI rose to 2.5% year-on-year in July, down from 2.7%. The reading was in line with the market estimate. Monthly, inflation rose to 0.4% in July after a rare decline in June of -0.1%, and in line with the market estimate.