Inflation picked up its pace last month for the first time since January as the annualized rate accelerated to 1.2 per cent, Statistics Canada said Friday.
The annual rate saw its first increase since it peaked in January at 2.1 per cent, which was close to the Bank of Canada's ideal target of 2.0 per cent.
"If its core measures (of inflation) are trending higher, I think that confirms the notion of them delivering another move higher to rates this fall", said Jimmy Jean, senior economist at Desjardins.
3 children found dead in Clinton, Md
Authorities said they were called at 7:37 a.m.to a home in the 6400 block of Brooke Jane Drive in Clinton. This is a developing story and will be updated as more information becomes available.
Citing the healthier-than-expected economy, the central bank raised its trendsetting rate last month for the first time in almost seven years, to 0.75 per cent from 0.5 per cent.
Canadian stocks tumbled Friday amid indications a rate hike from the Bank of Canada is in the cards. The other one was unchanged.
In the 12 months leading up to July, prices were up in six of the eight major areas tracked, with the transportation and shelter indexes contributing the most to the year-over-year rise in the consumer price index.
Is Pink Team Taylor Swift Or Team Katy Perry?
That's what a United Kingdom radio station wanted to know when the "Just Like Fire" singer appeared for an interview. According to the Daily Mail, the feud between celebrities Swift and #Katy Perry has been going on for three years.
Upward pressure also came from year-over-year price increases of 9.7 per cent for natural gas, 8.5 per cent for traveller accommodation and 4.1 per cent for homeowner's replacement costs.
Those underlying readings, watched closely by the inflation-targeting bank in the lead-up to rate decisions, were 1.3, 1.4 and 1.7 per cent.
Lower prices for video equipment, furniture and internet access also weighed on the overall inflation number.
"Combined with a firmer economic backdrop, these signs suggest that the lows for both headline and core inflation have likely been put in, and both will grind higher in the year ahead", Porter wrote in a research note.
However, we think there is a chance that users may use LTE Apple Watch to access VoIP services, such as FaceTime and Skype. According to a recent report , the new Apple Watch has now entered final testing ahead of its launch next month.
Leading the mini-tweetstorm was a tweet assuring the American people that Homeland Security is "watching for any sign of trouble". Both tweets came after Trump said USA security officials are keeping an eye out for "any sign of trouble".
Además de presenciar la embestida de la furgoneta blanca de este jueves, la viajera presenció los ataques de París y Londres . Tres días antes, volvió a verse envuelta en otro ataque cuando visitaba la catedral de Notre Dame, en París.
On August 4, the CBI issued a lookout notice against Karti, to not leave India and inform concerned agencies before doing so. Karti Chidambaram will be accompanied by a lawyer who would be in a room adjoining the one in which he will be questioned.
Un incendio se ha declarado en las inmediaciones del Aeropuerto de Barcelona , según reportes de diversos medios locales. Una de las tres pistas de aterrizaje fue cerrada, causando retrasos para los pasajeros.
Pelosi calls on Trump to fire additional staff
President James Polk was subjected to a censure vote in the House in 1848 over the Mexican-American War. Even then, Democrats would need to gain support from their Republican colleagues across the aisle.
Cook & Joe Root hit centuries in UK's first day-night Test
After lunch, Root went to an 83 ball-fifty when a flashing cut off opposing skipper Jason Holder flew through the slips for four. Roach took 2 wickets for West Indies while another wicket was claimed by Cummins. "I think Toby deserves his opportunity".
Declassified frameless design of the phablet Xiaomi
While this is mentioned to be a concept design, we expect the Mi MIX 2 to come out with the same design as shown in the video. The upcoming smartphone will continue the same design strategy with reports suggesting 93 percent screen-to-body ratio.