Canada inflation accelerated more than expected in July, with headline CPI rising from 2.8% to 3.0% y/y, above 2.9% consensus. Monthly CPI swung from -0.4% m/m to +0.5%, also stronger than 0.4% expected. Gasoline was major driver, with annual price growth accelerating from 20.5% to 25.7% as Middle East conflict, Strait of Hormuz blockade and […]The post Canada CPI Accelerates to 3% as Energy Shock Meets Firmer Core Inflation appeared first on ActionForex.