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flag In June, Canada's inflation rate hit 1.9%, driven by a 4.1% spike in vehicle prices.

flag Statistics Canada reports that Canada's inflation rose to 1.9% in June, largely due to a significant increase in vehicle prices by 4.1%. flag Food and shelter inflation eased to 2.9%, and annual inflation, excluding energy, was 2.7%. flag Economists expect the Bank of Canada to review these figures before its July 30 interest rate decision. flag Used car prices also increased annually for the first time in 18 months.

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