Canada’s inflation rate fell from its near 40-year high of 8.1 per cent in June to 7.6 per cent in July, Statistics Canada said Tuesday.
The easing was largely attributable to gas prices, which have dropped in recent weeks, but similar relief has not extended to food costs.
The latest consumer price index data showed food prices at grocery stores rose at the fastest pace since August 1981, with prices up by 9.9