Canada’s Annual Inflation Rate Rises to 8.1% in June

Canada’s Annual Inflation Rate Rises to 8.1% in June
Statistics Canada's offices in Ottawa. The Canadian Press/Justin Tang Justin Tang
|Updated:
Canada’s annual inflation rate rose to 8.1 percent in June, boosted by soaring gas prices, which rose more than 50 percent compared with a year ago, Statistics Canada said Wednesday.

The June inflation rate was up from 7.7 percent in May and marked the largest yearly change since January 1983.