👉Statistics Canada data reveals that Canada's annual inflation rate declined to 2.8% in June, marking a 27-month low. Despite this drop, food prices remain elevated. The figure came in lower than analysts' expectations, who had predicted a decline to 3.0% from May's 3.4%. The consumer price index also saw a modest increase of 0.1% month-over-month, falling short of the anticipated 0.3% gain. This latest reading places the annual rate within the Bank of Canada's controlled range of 1% to 3% for the first time since March 2021.✅ . . #InflationRate #ConsumerPriceIndex #FoodPrices #EconomicData #StatisticsCanada #BankofCanada #InflationTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews