Energy and food costs keep inflation hot while home sales rise

Global conflict, rising gas prices drive inflation to 3 per cent in July

Economists argue the latest data was mild enough that the Bank of Canada can focus on looming trade risks rather than fears of spreading price hikes

Energy and food costs keep inflation hot while home sales rise

Inflation in Canada continues to sit above the Bank of Canada’s (BoC) two per cent target inflation rate, with the July report coming in at three per cent year over year from 2.8 per cent in June. Much of the increase was driven by higher energy prices, as the conflict in the Middle East created volatility surrounding oil prices. Gasoline prices averaged 26 per cent higher than in July 2025, a pace that accelerated from the 20 per cent year over…

Καναδάς: Ο πληθωρισμός αυξήθηκε στο 3% τον Ιούλιο καθώς οι τιμές του φυσικού αερίου ανέβηκαν ξανά

Η αύξηση έρχεται μετά από ελαφρά πτώση του συνολικού πληθωρισμού τον Ιούνιο