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Canada inflation rises again beating expectations

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Inflation highest since January 1991

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May 18, 2022  •  0 minutes ago  •  < 1 minute read  •  Join the conversation

Canada's annual inflation rate accelerated to 6.8 per cent in April on food and shelter prices, Statistics Canada said on Wednesday.
Canada’s annual inflation rate accelerated to 6.8 per cent in April on food and shelter prices, Statistics Canada said on Wednesday. Photo by INA FASSBENDER/AFP via Getty Images

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

Analysts polled by Reuters had expected the annual rate to stay at 6.7 per cent in April.

More to come …



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