Canada May Consumer Price Index Report (Text)
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The following is the text of Canada’s consumer price index report for May released by Statistics Canada.
Consumer prices rose 1.2% in the 12 months to May, following a 2.0% increase in April. This 0.8 percentage point difference was mostly attributable to declines for gasoline prices. Decreases in clothing prices as well as slower price gains for the purchase of passenger vehicles were also factors.