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Canada July inflation cools to three-year low of 2.5%

By Inquirer - 3 months ago
Ottawa, Canada — Canada’s inflation rate fell 0.2 percentage points in July to 2.5 percent, its lowest level in more than three years, the national statistical agency said Tuesday. The drop, expected by economists to increase pressure on the Bank of Canada to further cut its key lending rate, was led by lower prices for

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