Canada's inflation slows down as expected in May
Economies.com
2023-06-27 12:42PM UTC
Canada's consumer prices rose 3.4% y/y in May, slowing down from 4.4% in the previous reading, and matching expectations.
Core prices, excluding food and energy, rose 3.7%, below estimates of 3.9%, and down from 4.1% in the previous reading.
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