Tag: Bank of Canada inflation rate

Canadian Inflation Decreased to 7.6% in July
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CANADIAN INFLATION DECREASED TO 7.6% IN JULY

Canadian inflation decreased slightly to 7.6% in July with a lower gasoline price, official data showed on Tuesday, encouraging the Governor of the Central Bank to say that the annual level might have peaked but will “remain too high for some time”. The underlying price pressures suggest that another increase in disproportionate interest rates was […]