Canada: CPI rose 1.0% on a year-over-year basis in June, following a 1.3% gain in May
|"The Consumer Price Index (CPI) rose 1.0% on a year-over-year basis in June, following a 1.3% gain in May," the Statistics Canada said today.
Key highlights:
- Energy prices decreased in the 12 months to June, after increasing in May. At the same time, prices for food rose year over year in June, following a small decline in May.
- Excluding food and energy, the CPI was up 1.4% on a year-over-year basis in June, matching the gain in May.
- On a seasonally adjusted monthly basis, the CPI was unchanged in June, after declining 0.2% in May.
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