National inflation cools, NL inflation rate increases
Nationally, the inflation rate in July was 1.7 percent, down from a 1.9% increase in June.
The decrease was mostly due to a slowdown in the cost of gasoline. In July, there were higher prices for groceries and a smaller year-over-year decline in natural gas prices.
The CPI rose 0.3 percent month over month in July.
Inflation in this province increased mainly due to higher prices for electricity.
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