Inflation jumps to 3.2 per cent in May

Economy June 22, 2026 09:33 PM

A third straight month of rising gas prices from the war in Iran pushed the annual rate of inflation above three per cent for the first time since 2023, Statistics Canada said Monday. (June 22, 2026)

Inflation jumps to 3.2 per cent in May

Related Stories

How 50% U.S. tariffs will impact the average British Columbian

New Fed chair faces critical test at Jackson Hole as inflation fears mount

Asian shares mostly decline as bond market pressure mounts

Iran’s foreign minister calls threat of new US economic sanctions ‘desperate’

Global Markets Weekly Update

US debt hits $40 trillion: Who does Washington owe and why does it matter?

US debt has hit $40tn – Will that be a wake

Iran rejects Trump's threat of 'economic warfare' on 'unprecedented scale'