18-August-2026
Economy News
 
Canada's July Annual Inflation Accelerates to 3% as Gasoline Rebounds
18-Aug-2026

Canada's annual inflation ?rate ?accelerated to 3% in July, ?slightly more than expected, as renewed United States-Iran tensions drove gasoline ?prices, while the cost of travel tours also rose, data showed on Monday. On a monthly basis, the ?consumer price index rose by ?0.5%, Statistics Canada said, once again driven by an increase in gasoline costs.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-17/canadas-july-annual-inflation-accelerates-to-3-as-gasoline-rebounds
 
 
 

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