Canada inflation rises to 1.9% in June, easing hopes for near-term rate cuts
Tuesday, 15 July 2025 ()
According to Statistics Canada data released on Tuesday, Canada’s inflation rate increased to 1.9% per year in June, up from 1.7% in May. The increase was primarily driven by rising prices for durable goods, such as autos and furnishings, while the deflationary pressure from gasoline prices weakened. The monthly Consumer Price Index (CPI) increased 0.1% […]
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