Inflation falls to weakest rate in nearly 2 years

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http://img.s-msn.com/tenant/amp/entityid/BB8cWaR.img?h=100&w=100&m=6&q=60&o=f&l=f&x=659&y=685OTTAWA - The annual pace of inflation fell to its weakest rate in almost two years though retail sales rose for their third consecutive month, Statistics Canada said Friday, reinforcing expectations that any future interest rate hikes by the central bank will be brought in gradually. Overall, the agency's latest inflation report found that prices were just one per cent higher last month compared to a year earlier. The June number followed inflation ...

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