As of July 18, 2023, the inflation rate in Canada experienced a significant decline to 2.8% in June 2023, down from the 3.4% annual inflation rate observed in May 2023. This marks the lowest level of headline inflation since March 2021. The decline can be attributed primarily to a reduction in gas prices, which decreased by 22% compared to the previous year. Excluding gasoline prices, inflation rates were...
by futurist admin2