Inflation rate lower in July

The [central] bank tends to take CPI a bit more seriously, and inflation’s calmer tone after the first-half runup will come as a significant relief for policy-makers.

Terry PEDWELL — Doug Porter
The Canadian Press
WORKLIFE


OTTAWA — Tame inflation, but robust retail sales sent conflicting signals Friday about the Canadian economy, economists say. Statistics Canada said the rise in the cost of living was tempered in July, with the annual inflation rate coming in at 2.1...

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