Finance

June inflation cools: Here are the week’s top stories

June inflation cools: Here are the week’s top stories

Watch Financial Post reporter Bianca Bharti break down the stories that made headlines

Published Jul 22, 2023  •  Last updated 10 hours ago  •  < 1 minute read

Shoppers in downtown Montreal
Shoppers in downtown Montreal. Inflation drifted lower to the slowest pace in nearly two years, a reprieve for the Bank of Canada amid a jobs market and economy that continue to defy expectations for a stall. Photo by Christinne Muschi/Bloomberg

Bianca Bharti, reporter for the Financial Post, walks you through the top stories of the week. To read more, click on the links below.

1. Inflation cools to 2.8% in June, but food and mortgage costs rise sharply

2. A whirlwind of a week at B.C. ports, but progress on a possible resolution to the labour dispute emerges

3.
Retail sales miss estimates amid signs that higher interest rates are weakening Canadian consumer spending

  1. Bank of Canada governor Tiff Macklem on July 12.

    David Rosenberg: Bank of Canada causing inflation left to tame

  2. The price of grapes jumped 30 per cent in June from May.

    Food to cellphones: 5 things to know about the June inflation

  3. A rental sign outside an apartment building in Edmonton.

    Minimum-wage workers’ struggle to afford rent getting worse

• Email: bbharti@postmedia.com | Twitter: biancabharti

Financial Post

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