Canada Inflation Heats Up to 3% in July
The consumer-price index rose 0.5% in July, bringing the annual inflation rate to 3%, Statistics Canada said.

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The consumer-price index rose 0.5% in July, bringing the annual inflation rate to 3%, Statistics Canada said.
Hotter U.S. inflation is back on the radar, with May PPI up 1.1% and wholesale prices rising 6.5% year over year, led by a sharp jump in energy and gasoline co…
The consumer-price index climbed 1% in May, pushing the annual rate to 3.2%, the highest level since the end of 2023, Statistics Canada said.
Inflation hit 4 percent for the first time in three years in May, driven by surging gas prices from the Iran war.
The acceleration was due largely to another month of steeper prices for gasoline, though core measures of inflation remain contained.
The Consumer Price Index rose 2.9% in August compared to the previous year, speeding up slightly from 2.7% in July, the Bureau of Labor Statistics said Thursda…

Core CPI - which strips out volatile food and energy prices - heated up to 3.1% year-over-year

The rate of annual inflation was 3.6% in June, up from 3.4% in May. Economists polled by The Wall Street Journal had expected inflation to hold steady.
Consumer prices were up 2.7% from a year ago - a larger annual increase than the month before.

The Consumer Price Index rose 2.7% in June from the year before, according to government data released Tuesday.

Traditional core inflation and the central bank's preferred inflation measures all picked up.
. The unexpected rise in price pressures prompted futures traders to increase the odds that the Federal Reserve will hold the benchmark rate at its current ran…

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