Inflation Rises on Gas and Travel | Toronto News

Gas prices and travel costs are driving inflation higher in July, with energy surging over 25% year-over-year and the World Cup adding to tour expenses — but grocery bills are cooling slightly, while fresh fruit prices spike. Core inflation remains steady, leading economists to predict the Bank of Canada will hold off on rate hikes for now, despite looming U.S. tariff risks. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/592d3a2d0e61734e