(Ottawa) Consumers were not spared in May. Inflation in the country has climbed to 7.7% year over year, the largest annual increase since January 1983, according to data released Wednesday by Statistics Canada.
Posted at 8:40 a.m.
Updated at 8:52 am
Rising gas prices and hotel and restaurant bills partly explain this growth. The price of the grocery basket remains high with a 9.7% increase in the cost of food, the same increase was recorded in April.