Statistics in the form of markets expect high inflation coming from Canada to June value data coming from Canada

Ottawa – Statistics Canada is ready to report inflation data for June today.

A Reuters Pole of economists hopes that the annual speed of inflation last month increased to 1.9 percent last month, which was 1.7 percent in May.

The BMO hopes that inflation increased by two percent in June as food and transport costs pushed prices more for consumers.

The report of June inflation will be a final look at the final data of Bank of Canada before its next interest rate decision on 30 July.

The Central Bank has kept its policy rate stable for the last two decisions as it waits for more clarity on how American tariffs are inflation and wide economy affecting.

Last week’s surprisingly strong June Jobs report cut the interest rate of July in the eyes of financial markets.

This report of Canadian Press was first published on 15 July 2025.

Canadian press