Annual inflation rate jumped to 3.0% in July, highest reading since 2011

Annual inflation rate jumped to 3.0% in July, highest reading since 2011
OTTAWA — Higher gasoline prices helped push the country’s annual inflation rate in July to its highest reading since September 2011, Statistics Canada said Friday. The federal agency said the consumer price index for July was up 3.0 per cent on a year-over-year basis, up from a 2.5 per cent increase in June. Economists had expected a year-over-year inflation rate of 2.5... Read More