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Canada CPI slowed to 3.1% yoy in Jun

Canada CPI slowed to 3.1% yoy in June, down from May’s 3.6% yoy, below expectation of 3.5% yoy. Excluding gasoline, CPI rose 2.2% yoy. CPI common dropped to 1.7% yoy, down from 1.8% yoy, below expectation of 1.9% yoy. CPI median was unchanged at 2.4% yoy, above expectation of 2.3% yoy. CPI trimmed slowed to 2.6% yoy, down from 2.7% yoy, matched expectations.

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