Inflation accelerates, casting doubt on Bank of Canada rate cut in July
Gains led by services as consumers paid more for cellular services, travel and rent Customers shop at a grocery store in Edmonton. Inflation accelerated in Canada in May.Photo by Ed Kaiser/Postmedia Shelter prices also accelerated on a monthly basis, rising by 0.4 per cent in May from April. On a year-over-year basis, they rose 6.4 … Read more