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fxJul 20, 2026, 12:35 PM

Canada June CPI Rises 2.8% YoY, Below Expectations

Canada's headline CPI grew 2.8% year-over-year in June, lower than the 3.2% in May and below market consensus. Monthly prices declined.

USDCAD

Canada's Consumer Price Index (CPI) increased 2.8% year-over-year in June, according to the latest data.

This marks a slowdown from May's 3.2% gain and came in below market expectations. On a monthly basis, prices declined, though the full monthly figure was not disclosed.

The data suggests easing inflationary pressure, which could influence Bank of Canada monetary policy decisions.

Source: FXStreet Forex News