Canada’s inflation rate eased to 2.8% in June thanks to lower gas prices

CBC: Higher oil prices due to the war between the U.S. and Iran have sent the cost of gas up in recent months and helped pull the inflation rate higher in May to 3.2 per cent.

The ceasefire and diplomatic talks last month helped ease oil prices, leading to a 10.2 per cent drop in the cost of gas month-over-month.

Since then, tensions have risen after the memorandum of understanding between the countries collapsed, and pump prices have climbed again as a result…

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