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Placeline/People

Country Canada

Canada's inflation rate holds in May

The annual pace of inflation was unchanged at 1.7 per cent last month as cooling shelter costs helped tame price pressures. The figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — something economists say appears to be a step in the right direction, but likely not enough to convince the central bank to cut interest rates. (June 24, 2025)

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Unique identifier: CP174697380

Legacy Identifier: b_StatCan-Inflation-May20250624T1815

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Duration: 1m45s

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Create Date: 6/24/2025 6:15:00 PM

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