Canada CPI

Canada’s annual inflation rate accelerated to 3.2% in May, according to data released Wednesday by Statistics Canada, exceeding both the previous month’s reading.

Economists expect Canada’s Consumer Price Index (CPI) for May to show a modest uptick in inflation, a development that could pressure the Bank.

Canada’s upcoming Consumer Price Index (CPI) report for May is expected to reveal persistent inflationary pressures, according to market forecasts and economist projections..