Canadian Inflation Cools Down! π‘οΈ In a positive turn for the economy, the Consumer Price Index (CPI) dropped to 2.5% in July, down from 2.7% in June. This marks the second consecutive decline, with inflation easing from 2.9% in March and 2.7% in April. π With inflation continuing to slow, thereβs growing anticipation that the Bank of Canada may consider further interest rate cuts soon. πΈ Stay tuned for more economic insights and updates! π Kingsly Stanly Sales Representative π +1 (647) 761 9471 π§ kingsly@thecanadianhome.com Download The Canadian Home App to see the property! https://ln.thecanadianhome.com/kingslystanly [Canadian CPI July 2024, Canada inflation rate July 2024, Bank of Canada interest rate prediction, Canada Consumer Price Index update, Canadian economy July 2024, CPI drop Canada July, Bank of Canada rate cuts 2024] #CanadianEconomy #InflationCooling #BankOfCanada #CPIUpdate #EconomicTrends #RealEstateInsights #FinanceNews #MarketWatch
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