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The CPI, which measures inflation in Canada, rose by 0.3% in June, on a monthly basis, compared to 0.5% in May, according to the report issued by Statistics Canada, and less than expectations that it would rise by 0.4%. On the other hand, the index rose on an annual basis. <\/span><\/span><\/p>\n In June, by 3.1%, compared to 3.6% in May, excluding gasoline, the index recorded a growth of about 2.2% on an annual basis. On an annual basis, gasoline prices rose by 32% in June, compared to 43.4% in May, while the Shelter Index increased by 4.4%, and the Transport Index increased by <\/span><\/span><\/p>\n 5.6%. In contrast, vegetable prices recorded the largest decline since March 2017 by 7.5% on an annual basis. . The Canadian dollar fell by about 25 pips against the US dollar after the data was announced, and it is now trading at 1.2579 levels.<\/span><\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" The CPI, which measures inflation in Canada, rose by 0.3% in June, on a monthly basis, compared to 0.5% in May, according to the report issued by Statistics Canada, and less than expectations that it would rise by 0.4%. On the other hand, the index rose on an annual basis. In June, by 3.1%, compared […]<\/p>\n","protected":false},"author":1,"featured_media":1311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-currency-markets"],"acf":[],"yoast_head":"\n