Canada CPI rose to 3.3% yoy in Jul, up 0.6% mom

<p>Canadian inflation, measured by CPI, accelerated in July, posting a 0.6% mom increase, doubling expected rise of 0.3% mom. This upward tick, a substantial leap from June’s 0.1% gain, was significantly influenced by higher travel tour prices. On a year-on-year basis, July’s CPI leapt from 2.8% yoy to 3.3% yoy , outpacing anticipated 3.0% yoy […]</p>
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