Canada's annual inflation rate in June slightly up to 1.9%
CANADA, JUL 15 – Headline inflation rose to 1.9% year-over-year in June, driven by higher food and transportation costs, influencing Bank of Canada’s monetary policy decisions, economists said.
- On July 15, 2025, The Canadian Press reported that Canada’s inflation rate over the past year increased to 1.9 percent in June, rising from 1.7 percent in May.
- This increase followed three months of inflation below 2 percent, driven by higher prices for automobiles, clothing, footwear, and durable goods.
- Statistics Canada showed the consumer price index rose 0.1 percent monthly in June, used vehicle prices increased for the first time in 18 months, and strong job gains occurred last week.
- The 0.1 percent CPI monthly rise matched analyst forecasts, while money markets set just over 15 percent odds for a rate cut before the Bank of Canada's July 30 decision.
- These figures suggest the Bank of Canada will likely keep rates steady later this month pending more data on inflation and economic trends.
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Here’s a list of June inflation rates for selected Canadian cities
OTTAWA - Canada's annual inflation rate was 1.9 per cent in June, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous…
·Niagara Falls, Canada
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Total News Sources72
Leaning Left29Leaning Right3Center8Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
C 20%
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