Canada's Consumer Price Index (CPI) rose by 3.0% year-over-year in July, compared to June's 2.8% increase.
Gasoline prices led the charge, increasing by 25.7% from last year and contributing significantly to overall CPI growth.
However, core inflation measures, which exclude food and energy costs, grew at a more modest rate of 1.9%, up from 1.8% in June.
More on Forex
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
