Canada’s headline inflation drops below 8%: What you need to know

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Statistics Canada's consumer price index — the measure that the Bank of Canada uses to guide monetary policy; employers and workers use to negotiate wages and salaries; and public servants use to adjust government programs — increased 7.6 per cent from July 2021, compared with 8.1 per cent the previous month, representing the first deceleration since June 2021. Here's what you need to know: Read More ...

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