Canada's inflation rate accelerates to 3.2% in May 2026
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Statistics Canada
Canada
May 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 26/22/2026, 1:50:56 PM
Canada's inflation rate rose to 3.2% in May 2026, up from 2.8% in April. The increase is primarily driven by rising gasoline prices due to supply uncertainty from the Strait of Hormuz. Food inflation also accelerated to 4.3% year-over-year.
- Earlier version 16/22/2026, 1:40:32 PM
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The Price of Oil: A History of the World's Most Important Commodity
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