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At 14:30 (GMT+2), July data on the consumer price index in Canada will be presented. It is the main indicator of inflation in the country and determines the change in retail prices for a certain “basket” of goods and services (food, transport, utilities, healthcare, etc.), and also has a significant impact on the decisions of the authorities on monetary policy. The index may from 2.8% to 2.7% YoY and change from 0.1% to 0.3% MoM.
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