Statistics Canada to release inflation figures for August this morning

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Statistics Canada to release inflation figures for August this morning
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OTTAWA — Statistics Canada will release its latest reading on inflation this morning. The agency will publish its consumer price index for August. Economists are forecasting inflation reaccelerated to around four per cent last month, reversing previous progress made as gasoline prices push inflation higher. Canada's annual inflation rate fell to 2.8 per cent on an annualized basis in June, entering the Bank of Canada's target range of one to three per cent for the first time since March 2021. Ho

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