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Consumer inflation rose in July as gas prices increased, according to Statistics Canada, with the consumer price index ticking up from June by more than some economists expected.
Inflation increased to three per cent on average last month compared with a year earlier, up from 2.8 per cent in June, the agency says.
The majority of economists polled expected that the annual rate of inflation would rise to 2.9 per cent last month after cooling sharply to 2.8 per cent in June, according to LSEG Data & Analytics.
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