Canada’s inflation rate decelerated to 3.4 per cent in the year up to May, Statistics Canada said Tuesday, led by sharply lower gasoline prices. But beneath the headline slowdown in consumer prices, many facets of the cost of living are still increasing at an eye-watering pace. Grocery prices went up at an almost nine per cent pace.

  • zedtronic@kbin.social
    1·
    1 year ago

    For reference here is the new basket weights of the CPI. Updated with the release of the May 2023 data. And here is the HCFE data that they used to update the weightings.