Canada's CPI rises 1.7 pct in May


By Lin Wei

OTTAWA, June 24 (Xinhua) -- Canada's Consumer Price Index (CPI) rose 1.7 percent on a year-over-year basis in May, matching the same increase in April, Statistics Canada said Tuesday.

Compared with one year earlier, a smaller price increase for rent and a decline in travel tours put downward pressure on the CPI in May, said the national statistical agency.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

South Korea protests Japanese event over disputed islands
California avalanche: All nine victim bodies recovered
Two KLM aircraft collide on the ground at Schiphol Airport
Trump says he is sending a hospital ship to Greenland
OIC condemns statements by US ambassador to Israel
Trump hikes US global tariff rate to 15%
Australia rejects report it is repatriating families of IS militants from Syrian camp
5 bodies of migrants washed ashore in east of Libya's capital Tripoli, police officer says
Islamic State claims two attacks on Syrian army, announces ‘new phase’ of operations
German duo Nolte/Levi defend Olympic title in 2-woman bobsled

Others Also Read