Consumer inflation ticked up to 3% in July, Statistics Canada says

Consumer inflation rose in July as gas prices increased, according to Statistics Canada, with the consumer price index ticking up from June.

Canada Inflation Heats Up to 3% in July  WSJ

Statistics Canada is set to report fresh inflation figures for July this morning.

Statistics Canada to report how rebounding gas prices affected inflation in July  Toronto Star

America In Focus: Inflation cools in July, but so do consumers with their spending  AP News

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy

US consumers cut retail spending sharply in July  CNN

US consumer inflation mild in July, economy still not out of the woods  Reuters

Energy prices declined 1.5 percent in July but remain 14.7 percent higher compared with a year ago.

On Tuesday night, the president said, “Prices are dropping fast.” Reality clearly shows otherwise.

The government released the consumer price index for July as Americans contend with a tight labor market and elevated energy costs.

The Bureau of Labor Statistics will publish new consumer price index data. Allison Joyce/Bloomberg via Getty Images The Bureau of Labor Statistics will publish new consumer price index data at 8:30 a.m. ET. Economists expect inflation to have cooled modestly in July, with wage growth still falling short. There will be