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Canada, inflation rate

Canada inflation eases to 1.7%, driven by falling gas prices

Out of 10 Canadian provinces, six saw prices rising at a slower year-over-year pace in July compared with June. Nova Scotia’s inflation held steady. Quebec, Prince Edward Island and Newfoundland and Labrador saw higher inflation in July, with the latter experiencing the most acceleration, mainly due to higher electricity prices.

YorkRegion.com · 1d

Why is my grocery bill climbing even as Canada’s inflation rate falls? Here’s what’s behind the numbers

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Canada’s inflation rate slows to 1.7% in July, raising odds of BoC rate cut

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Economists split on next Bank of Canada decision after July inflation report

The annual rate of inflation fell to 1.7 per cent in July, down from 1.9 per cent in June.

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Future Rate Cuts In Question As Inflation Hits 3.8% In July

City News · 1d

New inflation data increases chances of interest rate cut

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Inflation slowed to 1.7% in July, but food prices rose at faster pace

Costs rose 3.4 per cent annually at grocery stores, up from 2.8 per cent in June.

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How Tuesday’s inflation report has shifted market and economist views for future BoC rate cuts

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Lower gas prices may be masking tariff-flation

The Canadian Press on MSN1d

Economists split on BoC’s next rate move after July inflation data

Economists say they found some encouraging signs in the latest inflation numbers but some warn the Bank of Canada might need a bit more convincing to cut its key interest rate next month.

Canadian Mortgage Trends1d

Bank of Canada likely unmoved by modest dip in inflation, economists say

Inflation eased slightly in July, but core measures remain sticky, leaving economists doubtful the Bank of Canada will change course in September.

2don MSN

TSX slips ahead of Canada inflation data, Fed conference

Canada's main stock index inched lower on Monday as investors avoided big bets ahead of domestic inflation data due on Tuesday and a key U.S. central bank conference starting on Friday.

Wall Street Journal11mon

Canada’s 2% Inflation Not What It Used To Be - WSJ

Although inflation in Canada eased to the Bank of Canada’s 2% target in August, Royal Bank of Canada economists aren’t partying. They argue 2024’s 2% inflation isn’t 2019’s 2%.

1don MSN

Consumer inflation fell in July to 1.7%, but food costs ‘just won’t quit’

Consumer inflation in Canada rose by less than expected in July, according to Statistics Canada, as falling gasoline prices offset price increases elsewhere.

Canada CPI expected to tick higher on monthly basis in July amid uncertainty from US tariff impact

Statistics Canada will issue the Consumer Price Index (CPI) for July on Tuesday. This will attract the market's attention since it will provide the Bank of Canada (BoC) with fresh information on how inflation is changing, which they use to set interest rates.

2don MSN

Canadian dollar steadies ahead of domestic inflation data

The Canadian dollar was barely changed against its U.S. counterpart on Monday as oil prices rose and investors awaited domestic inflation data that could guide expectations for the Bank of Canada policy outlook.

The Economist3d

Why America can’t shake off inflation

The results reveal a linguistic divide. Countries in the EU and Asia perform well. France, which also did well the last time we conducted this exercise, in 2024, now has the least entrenched inflation of all the countries we looked at. Chapeau bas to them. Japanese inflation, true to form, has a feeble grip.