(Ottawa) The consumer price inflation rate was 1.9 % in June, up compared to the 1.7 % increase in May.
According to Statistics Canada, the growth in overall inflation has accelerated in June, while petrol prices decreased to a lesser extent in June compared to May.
In addition, the more marked prices of certain lasting goods, such as motor vehicles and furniture, has increased on the inflation rate in June.
Statistics Canada stressed that the consumer price index has increased at a higher rate in eight provinces. In Quebec, annual inflation was 2.2 % last month, after being 1.7 % in May.
The annual increase in food prices slowed down slightly, from 3.4 % in May to 2.9 % in June. Statistics Canada noted that this slowdown is largely attributable to the prices of fresh vegetables, which decreased by 3.1 % over a year.
The prices of motor vehicles displayed an increase of 4.1 %, compared to 3.2 % in May. The prices of second -hand vehicles experienced their first increase from one year to 18 months in 18 months, while stocks were more limited.
The inflation of housing prices continued to slow down, falling from a tenth of a percentage point to stand at 2.9 % in June.
Furniture prices increased faster in June, under the effect of a general acceleration of the increase in lasting goods.
Data for the month of June constitute the last overview that the Bank of Canada will collect before its next decision on interest rates on July 30.
More details to come.
With the Canadian press
