Archive for July 17th, 2009
Consumer prices decline 0.3% in June
Canada’s inflation rate for June was negative 0.3%, marking the first time since November 1994 overall prices have declined on a 12-month basis.
Statistics Canada said the decline in prices was primarily due to a 19% drop in energy prices, particularly gasoline. Excluding energy, prices were up 2.1% from a year earlier.
It marked the biggest drop [...]
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