Source-linked briefing Business

Canada’s Inflation Rises to 3.2% in May on Higher Gas and Groceries

Canada’s Inflation Rises to 3.2% in May on Higher Gas and Groceries

Annual inflation in Canada accelerated to 3.2% in May, driven by higher gasoline costs and grocery prices. Food inflation rose 4.3% year over year, according to the latest Consumer Price Index data.

Original headline

Inflation rises to 3.2% in May due to higher gas, grocery prices