Canada’s annual inflation rate slowed to 2.8% in June on lower gas prices

Canada’s annual inflation rate slowed to 2.8% in June on lower gas prices

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Canada’s annual inflation rate dropped more than expected in June to 2.8 per cent, a 27-month low, though food prices remain elevated, Statistics Canada data showed on Tuesday. Analysts polled had forecast inflation to drop to 3.0 per cent from 3.4 per cent in May. Month-over-month, the consumer…

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