CanadaSA国际影视传媒檚 inflation rate is rising at a slower pace, as is YellowknifeSA国际影视传媒檚, and the relief being felt by consumers is largely centred around the gasoline pump.
The latest figures from Statistics Canada show annual inflation rose just 2.8 per cent nationally in June, slowing from 3.4 per cent in May.
In Yellowknife, the inflation rate clocked in at 2.5 per cent, better than the three per cent registered in May.
Overall, itSA国际影视传媒檚 a dramatic improvement from the 8.1 per cent peak Canadians suffered through last summer.
But excluding gasoline from the equation, CanadaSA国际影视传媒檚 inflation rate was four per cent in June, and 4.4 per cent in May.
Gasoline prices have declined nearly 22 per cent nationally since last June, when global energy markets spiked in reaction to RussiaSA国际影视传媒檚 invasion of Ukraine.
But other categories continue to get more expensive for consumers, with food prices up 8.3 per cent year-over-year and mortgage interest costs up 30.1 per cent.
IqaluitSA国际影视传媒檚 cost of living increase, at 2.6 per cent in June, was similar to YellowknifeSA国际影视传媒檚. Edmonton posted an inflationary increase of just 1.4 per cent while Whitehorse came in at 4.8 per cent.
SA国际影视传媒擝y The Canadian Press
