Canada CPI turned positive to 0.7% yoy in June

<p>Canada CPI rose 0.8% mom in June, well above expectation of 0.4% mom. Annually, CPI turned positive to 0.7% yoy, up from May&#8217;s -0.4% yoy, and beat expectation of 0.3% yoy. That&#8217;s also the largest jump year-over-year CPI rate since March 2011. Prices rose in five of the eight major components on a year-over-year basis. [&#8230;]</p>
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