Canadá Taxa De Inflação

Canada’s annual inflation quickened to 7.7% in May of 2022, the highest since January 1983 and above market expectations of 7.4%. The main upward pressure came from transportation, food, and shelter as Western sanctions in response to Russian attacks on Ukraine continued to lift prices of energy and commodities. Transportation costs surged 14.6% (11.2% in April), underpinned by a 48% rise in gasoline prices (36.3% in April). Meanwhile, food inflation remained the same at 8.8%, carried by a 9.7% increase in prices for groceries. Also, shelter prices grew at the same pace of 7.4%, as mortgages continued to rise. Excluding gasoline, the CPI rose at a fresh record high of 6.3%. On a monthly basis, consumer prices rose 1.4%, surpassing market estimates of a 1% increase, and picking up from a 0.6% increase in April.