{"id":6571,"date":"2025-07-15T13:43:38","date_gmt":"2025-07-15T13:43:38","guid":{"rendered":"https:\/\/otetmarkets.com\/blog\/?p=6571"},"modified":"2025-07-15T13:43:39","modified_gmt":"2025-07-15T13:43:39","slug":"canada-inflation-june-2025","status":"publish","type":"post","link":"https:\/\/otetmarkets.com\/blog\/news\/canada-inflation-june-2025\/","title":{"rendered":"Canada Inflation Rises to 1.9% in June 2025, Below BoC Target for Third Month"},"content":{"rendered":"\n<p>Canada\u2019s <strong>annual inflation rate rose to 1.9% in June 2025<\/strong>, up from 1.7% in May and in line with market expectations. Despite this increase, inflation stayed below the <strong>Bank of Canada\u2019s (BoC) 2% midpoint target<\/strong> for the third consecutive month, consistent with the BoC\u2019s forecast amid ongoing tariff pressures and supply disruptions. This shows how the inflation in Canada for June 2025 remained below target.<\/p>\n\n\n\n<figure class=\"wp-block-video\">\n  <a href=\"https:\/\/otetmarkets.com\/prblog\" target=\"_blank\">\n    <video height=\"500\" style=\"aspect-ratio: 1312 \/ 500;\" width=\"1312\" autoplay=\"\" loop=\"\" muted=\"\" playsinline=\"\">\n      <source src=\"https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/04\/Otet-Banner-en-2.mp4\" type=\"video\/mp4\">\n      Your browser does not support the video tag.\n    <\/video>\n  <\/a>\n<\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-key-inflation-highlights-canada-june-2025\">Key Inflation Highlights \u2013 Canada June 2025 \ud83d\udcca<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"482\" src=\"https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-44-1-1024x482.webp\" alt=\"Canada inflation rate June 2025 rises to 1.9%, below BoC target\" class=\"wp-image-6576\" srcset=\"https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-44-1-1024x482.webp 1024w, https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-44-1-300x141.webp 300w, https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-44-1-768x361.webp 768w, https:\/\/otetmarkets.com\/blog\/wp-content\/uploads\/2025\/07\/slider-photo-44-1.webp 1312w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Canada inflation for June 2025 rose to <strong>1.9% year-on-year<\/strong>, from 1.7% in May.<\/li>\n\n\n\n<li>Fuel deflation slowed sharply to <strong>-13.4%<\/strong>, compared to <strong>-15.5%<\/strong> the previous month.<\/li>\n\n\n\n<li>Transportation costs eased by <strong>-0.6%<\/strong>, improving from <strong>-1.4%<\/strong> in May.<\/li>\n\n\n\n<li>Prices for durable goods climbed, with passenger vehicles up <strong>5.2%<\/strong> and furniture up <strong>3.3%<\/strong>.<\/li>\n\n\n\n<li>Food inflation slowed to <strong>2.9%<\/strong>, down from 3.4%, driven by softer grocery price growth.<\/li>\n\n\n\n<li>Shelter inflation eased slightly to <strong>2.9%<\/strong> from 3.0%.<\/li>\n\n\n\n<li>The trimmed-mean core CPI, BoC\u2019s preferred inflation gauge, remained steady at <strong>3.0%<\/strong>.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Read More: <a href=\"https:\/\/otetmarkets.com\/blog\/news\/canada-unemployment-may-2025\/\" target=\"_blank\" rel=\"noreferrer noopener\">Canada\u2019s Unemployment Rate Hits 7% in May 2025<\/a><\/strong><\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Inflation Component<\/th><th>June 2025 YoY Change<\/th><th>May 2025 YoY Change<\/th><\/tr><\/thead><tbody><tr><td>Overall CPI<\/td><td>1.9%<\/td><td>1.7%<\/td><\/tr><tr><td>Fuel Deflation<\/td><td>-13.4%<\/td><td>-15.5%<\/td><\/tr><tr><td>Transportation Costs<\/td><td>-0.6%<\/td><td>-1.4%<\/td><\/tr><tr><td>Passenger Vehicles<\/td><td>5.2%<\/td><td>4.9%<\/td><\/tr><tr><td>Furniture<\/td><td>3.3%<\/td><td>0.1%<\/td><\/tr><tr><td>Food<\/td><td>2.9%<\/td><td>3.4%<\/td><\/tr><tr><td>Shelter<\/td><td>2.9%<\/td><td>3.0%<\/td><\/tr><tr><td>Trimmed-Mean Core CPI<\/td><td>3.0%<\/td><td>3.0%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-what-this-means-for-the-bank-of-canada-and-consumers\">What This Means for the Bank of Canada and Consumers<\/h3>\n\n\n\n<p>The slower decline in fuel prices helped lift overall inflation, while rising durable goods costs added further pressure. However, softer food price growth and stable shelter inflation helped keep the rate below the BoC\u2019s target. In June 2025, Canada inflation impacted consumers differently, indicating the central bank is likely balancing these changes.<\/p>\n\n\n\n<p><strong>\ud83d\udcac What\u2019s your outlook on Canada\u2019s inflation trajectory and BoC policy moves? Comment below and follow us for the latest economic updates! \ud83c\udde8\ud83c\udde6\ud83d\udcc8<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/tradingeconomics.com\/canada\/inflation-cpi\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s annual inflation rate rose to 1.9% in June 2025, up from 1.7% in May and in line with market expectations. Despite this increase, inflation stayed below the Bank of Canada\u2019s (BoC) 2% midpoint target for the third consecutive month, consistent with the BoC\u2019s forecast amid ongoing tariff pressures and supply disruptions. This shows how [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,2],"tags":[37],"class_list":["post-6571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-economy-news","category-news","tag-financialnews"],"_links":{"self":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/6571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=6571"}],"version-history":[{"count":2,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/6571\/revisions"}],"predecessor-version":[{"id":6578,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/6571\/revisions\/6578"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/media\/6574"}],"wp:attachment":[{"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=6571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=6571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/otetmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=6571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}