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Canada inflation rises again above expectations


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Inflation accelerated to 6.8% in April, the highest since January 1991

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May 18, 2022 • 0 minutes ago • < 1 minute read • Join the conversation Canada’s annual inflation accelerated to 6.8 percent for food and shelter in April, Statistics Canada said Wednesday. Photo by INA FASSBENDER/AFP via Getty Images

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Canada’s annual inflation rate accelerated to 6.8 percent in April, the highest since January 1991, for food and shelter, Statistics Canada said Wednesday.

Analysts polled by Reuters had expected the annual rate to remain at 6.7 percent in April.

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This post Canada inflation rises again above expectations

was original published at “https://financialpost.com/news/economy/canadian-inflation-rate-rises-to-6-8-beating-expectations”

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