Canada’s inflation rate is down to 7%, but food prices are still rising
Canada’s inflation rate eased to seven percent in August, Statistics Canada said Tuesday. Economists had expected the rate to reach 7.3 percent, after inflation rose to a 40-year high of 8.1 percent earlier this summer. Instead, the rate fell even more than expected, largely because gasoline became much cheaper during the month. Gas prices fell …
Canada’s inflation rate is down to 7%, but food prices are still rising Read More »