
Canada’s Inflation Rate Returns to Target Range: Progress and Challenges Ahead
- damiadeniyi
- July 19, 2023
- Finance, News
- 0 Comments
After more than two years, Canada has successfully brought its inflation rate back into the country’s target range. In June, the annual inflation rate dropped to 2.8 percent, signifying a significant achievement for the economy. This positive development was largely driven by lower gasoline prices compared to the previous year. However, despite this welcomed relief, the fight against high inflation …
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