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May 7, 2024
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Statistics Canada says annual inflation rate falls to 0.1 per cent

OTTAWA — Statistics Canada says the consumer price index was up 0.1 per cent compared with a year ago as gasoline prices were down nearly 15 per cent.

The annual inflation rate compared with a reading of 0.7 per cent in June.

The average economist estimate had been for a year-over-year increase of 0.5 per cent for July, according to financial data firm Refinitiv.

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