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. "Healthy core price growth, coupled with last week's surprisingly robust employment gains now make a July cut from the Bank of Canada unlikely," said TD Bank senior economist Andrew Hencic, in a note, adding that renewed trade threats add to the uncertainty.