The Financial Post reports in its Wednesday edition that Canada's inflation rate accelerated to 1.9 per cent in June, up from 1.7 per cent the previous month, as disruptions to global trade started to have an impact on consumer prices. The Post's Jordan Gowling writes that prices increased in seven major components of the consumer price index basket, while gasoline prices fell to a lesser extent than in May, driving the overall rise in inflation, Statistics Canada said on Tuesday. Excluding energy, the consumer price index rose by 2.7 per cent in June. Tuesday's inflation reading is the last major economic data release before the Bank of Canada's next interest rate decision on July 30. The central bank decided to pause its policy rate at its last two meetings in April and June. Core inflation remained elevated near 3 per cent. Economists expect the central bank to remain on the sidelines at its next meeting, as the labour market also showed resilience in June. "We continue to expect Canada's restrained approach to retaliation to tariffs from the U.S. administration will limit the impact of the trade war on Canadian consumer prices," Abbey Xu, an economist at Royal Bank of Canada, said in a note.