Canadas Inflation Soars To Nearly 40 Year High Of 8 1 In June

Canada Inflation Rises To Near 40 Year High According to federal data released Wednesday, the price of goods increased 13% in June, causing inflation to reach a new 40-year high of 91% for the 12-month period ending in June US inflation has marched down since hitting a 40-year high of 91% in June 2022, but rates have remained stubbornly above the Fed’s target annual rate of 2% since then

Canada Inflation Up Near 40 Year High Calls Mount For 75 Bps Rate Hike The annual inflation rate eased to a four-year low of 23% in April, then rose to 24% in May, a figure below projections, as Trump’s tariffs began to take hold The food at home index rose 03% in June from a month ago and is up 24% on an annual basis, while the food away from home index increased 04% on a monthly basis and is 38% higher than a year ago Forecasters expected annual inflation to rise to 26% or 27% in June, mostly because of mounting tariffs, according to projections from the data research firm FactSet and The Wall Street Journal

Canadian Inflation Rises To 30 Year High Daily Sabah Forecasters expected annual inflation to rise to 26% or 27% in June, mostly because of mounting tariffs, according to projections from the data research firm FactSet and The Wall Street Journal

Canada Inflation Cools To 2 7 In June Resuming Slowing Trend Wsj

Canada S Inflation Reaches 18 Year High At 4 7 Daily Sabah