Canada: Inflation Dips Further into the Red in May

<p>Canadian consumer prices dipped further into negative territory on a year-on-year basis in May, falling to -0.4% year-on-year (from -0.2% in April). Adjusting for seasonality, consumer prices edged up 0.1% month-on-month. Rising gasoline prices (+16.9%) was the main reason for the increase. Most other items saw prices decline month-on-month in May, reflecting the impact of […]</p>
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