Tag Archives: GroceryPrices

Canada’s Inflation Drops to 2.7% in June as Gas Price Growth Slows: StatCan

Canada’s Inflation Drops to 2.7% in June as Gas Price Growth Slows: StatCan

Statistics Canada building and signs are pictured in Ottawa.

Canada’s annual inflation rate decreased to 2.7% in June, primarily due to a slowdown in the year-over-year increase of gasoline prices, according to Statistics Canada. On Tuesday, the agency reported a 0.4% rise in gasoline prices in June, following a significant 5.6% increase in May. Excluding gasoline, the consumer price index rose by 2.8% in […]