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Canada’s inflation holds steady at 3 percent as crude stays firm
Canada’s annual inflation growth rate held at 3 percent in August, same as last month, as crude prices continued to stay firm affecting gasoline costs and food prices cooled only moderately, data showed on Monday. The next month’s consumer price index data could show further strengthening as benchmark Brent crude price crossed $100 per barrel this month and US President Donald Trump’s new 50 percent tariffs and Canada’s retaliatory measures impact costs for the full month. [...]