Statistics Canada says Canada’s inflation rate tumbled to 2.8 per cent in June, putting it within the Bank of Canada’s target range. - eviltoast

Excluding gasoline, headline inflation would have been 4.0% in June, following a 4.4% increase in May.

Canadians continued to see elevated grocery prices (+9.1%) and mortgage interest costs (+30.1%) in June, with those indexes contributing the most to the headline CPI increase.

The all-items excluding food index rose 1.7% and the all-items excluding mortgage interest cost index rose 2.0%.

https://www150.statcan.gc.ca/n1/daily-quotidien/230718/dq230718a-eng.htm?HPA=1

  • Nouveau_Burnswick@lemmy.world
    9·
    1 year ago

    The massive chains are always the cheapest in town. Until they’re the only ones in town, then the prices rise. This is the strategy, they kill local businesses then set the prices.

    I appreciate the choice many be difficult for you as an individual, but appreciate you are making the wrong choice. I need, and sometimes just want, to make bad choices too.