Annual inflation rose to 3.3% nationally last month, Statistics Canada said Tuesday, which falls outside the central bank’s 1-to-3 % target range. That’s up from June’s inflation rate of 2.8%. Another interest rate increase is expected from BoC.

Annual inflation rose to 3.3% nationally last month, Statistics Canada said Tuesday, which falls outside the central bank’s 1-to-3 % target range. That’s up from June’s inflation rate of 2.8%. Another interest rate increase is expected from BoC.