Vancouver: The latest numbers from Statistics Canada show the inflation rate in B.C. fell half a per cent in July as the national rate jumped by the same amount.
Statistics Canada said the monthly cost of living in B.C. slipped from 3.5 per cent in June to three per cent last month while Canada’s rate went the other way, climbing to 3.3 per cent from 2.8 per cent in June.
Analysts say lower gasoline prices have fuelled recent inflation declines, but the July report shows underlying price pressures, such as grocery costs, must ease before the national rate falls further.
Inflation in Vancouver and Victoria was also down last month, dipping two basis points to 2.7 per cent in Victoria, and three-tenths of a point to 3.7 per cent in Vancouver. — Canadian Press

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