National Inflation Rate Hits 2.7% In June

by Bobby NockJuly 16, 2024September 11, 2024

Statistics Canada says the national inflation rate in June was 2.7 percent.

That’s down from 2.9 percent in May.

The federal agency says the drop in inflation last month was largely the result of slower year-over-year growth in gasoline prices.

Gas prices rose .4% in June following a 5.6% increase in May.

Meanwhile, Nova Scotia’s inflation rate in June was 3.5 percent.

Bobby Nock

Bobby grew up in Whycocomagh before moving to Halifax to attend university where he earned a Bachelor of Arts and a Bachelor of Journalism degree. After university, Bobby moved back to Cape Breton where he began working as a freelance journalist and has done work for both print media and as a broadcast journalist. As the News Director, Bobby Nock will get your day started by bringing you information that helps connect you to the community with all the latest in local news.

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