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Why has inflation stayed the same in May despite expectations of a rise?
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Canada’s inflation rate has risen to 3.2 per cent in May, compared to 2.8 per cent in April, mainly due to the Middle East war driving up the cost of gasoline. The price of vegetables is also up nine per cent compared to last year; tomatoes jumped up 45 per cent due to supply issues. #inflation #Canada #economy #gasprices #CBCNews
1:19
Canada’s inflation rate has risen to 3.2 per cent in May, compared to 2.8 per cent in April, mainly due to the Middle East war driving up the cost of gasoline. The price of vegetables is also up nine per cent compared to last year; tomatoes jumped up 45 per cent due to supply issues. #inflation #Canada #economy #gasprices #CBCNews
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