{"id":80051,"date":"2016-08-21T00:24:55","date_gmt":"2016-08-21T04:24:55","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=80051"},"modified":"2025-01-10T08:36:26","modified_gmt":"2025-01-10T13:36:26","slug":"canadas-cpi-dips-1-3-july","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2016\/08\/21\/canadas-cpi-dips-1-3-july\/","title":{"rendered":"Canada’s CPI dips to 1.3% in July"},"content":{"rendered":"
\"Shutterstock\"<\/a>
Shutterstock<\/figcaption><\/figure>\n

TORONTO—Canada’s year-on-year inflation rate rose 1.3 percent in July, down from 1.5 percent in June, Statistics Canada said Friday.<\/p>\n

On a seasonally adjusted monthly basis, the consumer price index (CPI) was unchanged in July from the previous month, after increasing 0.2 percent in June.<\/p>\n

Gasoline prices fell by 5.6 percent in July, bringing their 12-month drop to 14 percent. Fuel oil and natural gas prices were also down by double digits from a year earlier.<\/p>\n

Clothing prices fell year over year, but consumers paid more for food and shelter, the data agency said.<\/p>\n

Canadians paid 10.3 percent more for fresh or frozen fish last month compared to July 2015. The annual gain in fish prices is the largest in more than two years.<\/p>\n

The core rate of inflation, which strips out volatile elements like fresh produce and fuel, was unchanged from June at 2.1 percent.<\/p>\n

“Markets may be worrying about Canada’s economic growth performance, but underlying inflation certainly isn’t raising any eyebrows,” noted Toronto-Dominion Bank economist Leslie Preston in a commentary.<\/p>\n

In a separate report, Statistics Canada said retail sales in June unexpectedly fell by 0.1 percent from the month before.<\/p>\n

buy clomid online https:\/\/cphia2023.com\/wp-content\/uploads\/2024\/08\/jpg\/clomid.html<\/a> no prescription pharmacy <\/div>\n

Economists had expected they would rise 0.6 percent.<\/p>\n

Retail sales totaled 44.1 billion Canadian dollars (USD34.5 billion) in June.<\/p>\n

Canadians spent less on food, beverages and clothing, offsetting higher sales of motor vehicles.<\/p>\n

buy lasix online https:\/\/cphia2023.com\/wp-content\/uploads\/2024\/08\/jpg\/lasix.html<\/a> no prescription pharmacy <\/div>\n

Sales at new-car dealers rose by 2.5 percent, the first such increase in five months, Statistics Canada said.<\/p>\n

Sales of alcohol fell 4.7 percent, the largest monthly drop in the category since June 2013.<\/p>\n

The Canadian dollar weakened following the release of the retail sales and inflation reports.<\/p>\n

Most analysts expected the Bank of Canada to keep its key interest rates at 0.5 percent for at least the rest of this year.<\/p>\n","protected":false},"excerpt":{"rendered":"

TORONTO—Canada’s year-on-year inflation rate rose 1.3 percent in July, down from 1.5 percent in June, Statistics Canada said Friday. On …<\/p>\n","protected":false},"author":33,"featured_media":27603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[3988,398,11959],"class_list":["post-80051","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business-2","tag-canada","tag-inflation-rate","mauthors-xinhua-news-agency-via-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/80051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=80051"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/80051\/revisions"}],"predecessor-version":[{"id":282234,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/80051\/revisions\/282234"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/27603"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=80051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=80051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=80051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}