- NEWS Desk Global
CANADA'S INFLATION FALLS
![](https://static.wixstatic.com/media/b98b07_aee96b20e8b648d48460dfcf61dd9150~mv2.jpg/v1/fill/w_147,h_83,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/b98b07_aee96b20e8b648d48460dfcf61dd9150~mv2.jpg)
Canada's annual inflation rate dropped more than expected to a 27-month low of 2.8% in June led by lower energy prices, data showed on Tuesday, though food and shelter cost increases persisted despite 10 interest rate hikes in less than 18 months.