Canada's annual inflation rate falls to 2.8% in June
Reuters2026/07/20 12:30By:Reuters
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OTTAWA, July 20 (Reuters) - Canada's annual inflation rate fell to 2.8% in June on slower gasoline price increases, while travel tour prices were elevated as a result of the World Cup, Statistics Canada said on Monday. Analysts had expected the annual inflation rate to fall to 2.9% from 3.2% in May. Percent changes Month-on-month Year-on-year Jun May Jun May CPI - all items -0.4 +0.1 +2.8 +3.2 CPI - common n/a n/a +2.6 +2.7 CPI - median n/a n/a +1.9 +2.1 CPI - trim n/a n/a +1.8 +2.0 Bank of Canada core +0.1 +0.6 +2.1 +2.2 All items ex food/energy +0.3 +0.7 +1.8 +1.6 Goods -1.2 +1.9 +3.5 +4.8 Services +0.3 +1.0 +2.2 +2.0 Energy -6.8 +3.3 +14.3 +22.2 Seasonally adjusted -0.1 +0.4 n/a n/a Core CPI, SA +0.2 +0.2 n/a n/a NOTE: Analysts in a Reuters survey had forecast June CPI to fall to 2.9% annualized, and to be down 0.2% on the month. (Reporting by Dale Smith; Editing by Promit Mukherjee) ((promit.mukherjee@tr.com)) Keywords: CANADA ECONOMY/INFLATION
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