Canadian CPI inflation held steady at 1.7% y/y in May. Core inflation edged downward.
June 24, 2025Today’s Report Shows Inflation Remains a Concern The Consumer Price Index (CPI) rose 1.7% year-over-year in May, matching the 1.7% increase in April. A reduced rent price increase and a decline in travel tour prices put downward pressure on the CPI in May compared with one year earlier. Smaller declines for gas and cellular services put upward pressure on the index compared […]