1983

Inflation Soars to Highest Mark Since 1983

Jul 20, 2022 | 7:48am

Canada’s annual inflation rate rose to 8.1 per cent in June, boosted by soaring gas prices, which rose more than 50 per cent compared with a year ago, Statistics Canada said Wednesday. The June inflation rate was up from 7.7 per cent in May and marked the largest yearly change since January 1983. Excluding gasoline, the inflation rate was 6.5 per cent in […]

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