After 12 months of declines, food prices went up by 1.5 per cent from a year earlier in May, reports Statistics Canada. That’s slightly higher than 1.4 per cent in April.
And compared with May, 2029, food prices were up by 22.5 per cent.
But the main reasons for a 2.6 per cent rate of inflation in May was higher transportation and housing costs.
Airlines are jammed and have increased fares by 4.5 per cent and tour operations are charging 6.9 per cent more.
Rents rose by 8.9 per cent.
