Canada’s annual inflation rate slows to 3.4% in May on lower gas prices

Canada’s annual inflation rate slows to 3.4% in May on lower gas prices

Upworthy

Published

Canada’s annual inflation rate slowed to 3.4 per cent in May, matching expectations, driven by a drop in gasoline prices, while mortgage interest costs remained high, Statistics Canada data showed on Tuesday. Analysts polled had expected annual inflation to drop to 3.4 per cent from 4.4 per cent…

#statisticscanada #bankofcanadas #ukraine #statscan

Full Article