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1:53 Inflation cools to 2.7% in June, but grocery prices heat up again: StatCan

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Inflation cools to 2.7% in June, but grocery prices heat up again: StatCan

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Inflation cools to 2.7% in June, but grocery prices heat up again: StatCan

July 15, 2024

Statistics Canada data shows that the annual rate of inflation slowed in June to 2.7 per cent, while renewed pressures are showing up at the grocery store once more. Anne Gaviola has more on why inflation is cooling and why expectations for another rate cut from the Bank of Canada are firming up because of this trend.

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