Ottawa – The most recent statistical Canada report on the Consumer Price Index (IPC), the price variations suffered by Canadian consumers in June, is expected on Tuesday morning.
A Reuters survey from economists provides that annual inflation reached 1.9 % last month, compared to 1.7 % in May.
BMO anticipates that inflation exceeded this figure to reach 2.0 % in June, the costs of food and transport that has increased consumer prices.
This Tuesday figures constitute the last report on the IPC that the Bank of Canada will be able to use before its next decision on interest rates on July 30.
The central bank has maintained its unchanged key rate in the last two decisions, pending clarification on the impact of American customs duties on inflation and the economy in general.
The June employment report, surprisingly solid, published last week, destroyed the prospects for falling interest rates in July in the eyes of the financial markets.