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Here is what you need to know.

Prices of baked goods rose 13.6 per cent in July from a year earlier.

The prices of baked goods went up in July.

The photo was taken by Jim Wells.

The consumer price index came in at 7.6 per cent in July, compared to 8.1 per cent in the previous month. If this marks a turning point in decades-high inflation, you need to know that according to the Financial Post.

  1. None
  2. Bank of Canada governor Tiff Macklem reached out to Canadians on inflation in an opinion piece for the National Post on Aug. 16.
  3. Condo buildings in the Liberty Village neighbourhood in Toronto.
  4. Canada inflation data that was cooler last month won't stop Bank of Canada governor Tiff Macklem from another bigger than normal rate hike, economists say.

The email address is shughes@postmedia.

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