# Canada’s annual inflation rate eases to 1.7 per cent in July, core measures stay firm - Grainews

> Canada's annual CPI inflation eased to 1.7% in July from 1.9% in June, below the 1.8% Reuters poll forecast, as gasoline prices fell 16.1% year-on-year. Core measures stayed sticky, and food prices rose 3.3%.

- Date: 2025-08-19 · published 2025-08-19T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/23560-canada-s-annual-inflation-rate-eases-to-1-7-per-cent-in-july-core-measures-stay
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Softer Canadian inflation raises expectations of Bank of Canada easing, which can weaken the loonie and support Canadian export competitiveness. Rising food prices point to firmer domestic food input costs.

## Read by commodity

- WTI: bearish ▼
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-07-18 | [Canada's inflation falls to 27-month low but underlying pressures persist \| Reuters](https://feedsoft.ai/events/35278-canada-s-inflation-falls-to-27-month-low-but-underlying-pressures-persist.md) | +6.2% | +11.2% |
| WTI | 2018-12-05 | [Bank of Canada maintains overnight rate target at 1 ¾ per cent - Bank of Canada](https://feedsoft.ai/events/61780-bank-of-canada-maintains-overnight-rate-target-at-1-3-4-per-cent-bank-of-canada.md) | -3.0% | -11.7% |
| WTI | 2019-01-09 | [Bank of Canada maintains overnight rate target at 1 ¾ per cent - Bank of Canada](https://feedsoft.ai/events/61325-bank-of-canada-maintains-overnight-rate-target-at-1-3-4-per-cent-bank-of-canada.md) | +4.5% | +8.1% |
| WTI | 2022-06-13 | [ASX down nearly 4 per cent after Wall Street sell-off on inflation fears, S&P 500 falls into bear market - ABC News](https://feedsoft.ai/events/41207-asx-down-nearly-4-per-cent-after-wall-street-sell-off-on-inflation-fears-s-and.md) | -9.2% | -19.6% |
| WTI | 2025-08-19 | [Canadian dollar falls as inflation data fuels rate cut bets — TradingView News](https://feedsoft.ai/events/23556-canadian-dollar-falls-as-inflation-data-fuels-rate-cut-bets-tradingview-news.md) | +1.4% | +1.0% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/canadas-annual-inflation-rate-eases-to-1-7-per-cent-in-july-core-measures-stay-firm/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.