Canada's Inflation Rate Rose To 3.2 Percent In May Driven By High Gas Prices

Editorial photo #13889272 Economy, Business and Finance

Canada's Inflation Rate Rose To 3.2 Percent In May Driven By High Gas Prices

Thai eggplant at a grocery store in Mississauga, Ontario, Canada, on June 25, 2026. Canada's Consumer Price Index (CPI) increases by 3.2 percent in May, according to Statistics Canada, with rising gas prices contributing to inflation as the cost of fresh fruits and vegetables also rises. The high cost of gas, influenced by an oil shortage related to the conflict in Iran, is a significant factor in the increase. (Photo by Creative Touch Imaging Ltd./NurPhoto)

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#13889272
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Creative Touch Imaging Ltd/NurPhoto
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Economy, Business and Finance
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© 2026 NurPhoto - Creative Touch Imaging Ltd/NurPhoto

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grocery store groceries supermarket market food shopping economy economic issues prices cost of living inflation increased prices expensive products Toronto Ontario Canada North America CPI Consumer Price Index produce vegetables fruits and vegetables Thai eggplant Mississauga June 25 2026 Statistics Canada fresh fruits gas prices oil shortage war in Iran Creative Touch Imaging Ltd. NurPhoto
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