The Consumer Price Index rose 7.6 per cent in July, compared to the same month last year. That’s a smaller rise than June’s increase of 8.1 per cent. Statistics Canada says the deceleration is because of slower year-over-year growth in gas prices. A report from Statistics Canada states that while gasoline prices were down, prices for things like natural gas and groceries rose.

In Saskatchewan, not seasonally adjusted, the Consumer Price Index increase from June to July was 0.6 per cent and 8.1 per cent when comparing this July to last July.