A customer shops at a Walmart store in Toronto, Canada, July 20, 2026. Canada's Consumer Price Index (CPI) increased 2.8 percent year over year in June, following a 3.2 percent gain in May, Statistics Canada said Monday. (Photo by Zou Zheng/Xinhua)
OTTAWA, July 20 (Xinhua) -- Canada's Consumer Price Index (CPI) increased 2.8 percent year over year in June, following a 3.2 percent gain in May, Statistics Canada said Monday.
Prices for gasoline increased at a slower rate on a year-over-year basis last month compared with May, driving the deceleration in the headline CPI, said the national statistical agency.
Excluding gasoline, the CPI was unchanged in June compared with May, at 2.2 percent, said the agency.
According to the agency, the CPI fell 0.4 percent month over month in June, the largest monthly decline since December 2024. On a seasonally adjusted monthly basis, the CPI fell 0.1 percent last month, the first decline since April 2025.
Prices for traveler accommodation accelerated on a year-over-year basis in June, rising 10.1 percent compared with a 2.5 percent increase in May. Driving the acceleration were higher prices in Ontario and British Columbia, mainly in Toronto and Vancouver, both of which were host cities for World Cup matches, said Statistics Canada. ■
A customer shops at a Walmart store in Toronto, Canada, July 20, 2026. Canada's Consumer Price Index (CPI) increased 2.8 percent year over year in June, following a 3.2 percent gain in May, Statistics Canada said Monday. (Photo by Zou Zheng/Xinhua)
A woman refuels a vehicle at a gas station in Toronto, Canada, July 20, 2026. Canada's Consumer Price Index (CPI) increased 2.8 percent year over year in June, following a 3.2 percent gain in May, Statistics Canada said Monday. (Photo by Zou Zheng/Xinhua)
