Canada’s Headline Inflation Edges to 2.9%; Core Rates Remain Near 2% Target

Canadaâs headline inflation rate ticked up to 2.9% in July 2026 from 2.8% in June, slightly above market forecasts of 2.9% while remaining below its post-Iran-war peak of 3.2% set two months prior. On a month-over-month basis, consumer prices rebounded 0.5%, reversing

Canadaâs headline inflation rate ticked up to 2.9% in July 2026 from 2.8% in June, slightly above market forecasts of 2.9% while remaining below its post-Iran-war peak of 3.2% set two months prior.

On a month-over-month basis, consumer prices rebounded 0.5%, reversing

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