Canada's Inflation Rate Climbs to 8.1 Percent in June

Wednesday, 20 July 2022 16:50

Cost of food rose 8.8 percent in June.

Statistics Canada says inflation hit another record high last month.

The year-over-year inflation rate rose 8.1 per cent in June, boosted by soaring gas prices.

That's up from 7.7 per cent in May and marked the largest yearly change since January of 1983.

Canadians also continued to see higher food prices on their grocery bills, with the cost of food up 8.8 per cent

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