UPDATE 2-Canada core inflation rises, ups rate hike odds

Newswire

(Recasts, updates currency, adds comments) By Gilbert Le Gras OTTAWA, Aug 24 (Reuters) - Canada's core inflation rate rose to 1.9 percent in July from 1.7 percent in June, which analysts said on Tuesday further raised the odds of a central bank interest rate hike in two weeks. Statistics Canada said overall inflation slid to 2.3 percent in July from 2.5 percent in June, on a slight easing in tight global supplies of oil for the second month in a row. "With core inflation effectively ...

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