Financial Post
🏢 Postmedia
📍 ON
May 19, 2026
· 2 min read
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Canada Inflation Rises to 2.8% While Core Measures Ease
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Heuristic (v1/v3)
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ML v2 (DistilBERT)
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Ensemble
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Article Excerpt
The annual inflation rate in Canada rose to 2.8 per cent in June, according to Statistics Canada data released on Thursday, as higher prices for used cars and trucks continued to drive up consumer costs.
However, measures that exclude more volatile elements like food and energy saw a slight easing of pressure, suggesting some stabilization in the underlying price pressures within the economy.
The increase in overall inflation was driven by significant gains in the cost of used vehicles, which rose 23.9 per cent year-over-year. This factor alone contributed to about one-third of the total inc…
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