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Canadian Core Inflation Rate MoM (Jun) M/M 0.1% (Prev. 0.6%)

Newsquawk Staff ·

Canadian Core Inflation Rate MoM (Jun) M/M 0.1% (Prev. 0.6%)

What it means

The Canadian Core Inflation Rate for June came in at 0.1%, significantly lower than the previous month's 0.6%. This steep decline may suggest easing price pressures, which could influence expectations for future monetary policy and rate adjustments by the Bank of Canada.

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