CP NewsAlert: Inflation rises to 1.9% in June as vehicle price hikes accelerate

OTTAWA — Statistics Canada says the annual pace of inflation accelerated to 1.9 per cent in June, up from 1.7 per cent in May. The Bank of Canada’s closely watched core inflation metrics showed no signs of easing in June. More coming.

Statistics Canada released June inflation figures on Tuesday. A person pumps fuel in Toronto, on Wednesday, September 12, 2012. THE CANADIAN PRESS/Michelle Siu

OTTAWA — Statistics Canada says the annual pace of inflation accelerated to 1.9 per cent in June, up from 1.7 per cent in May.

The Bank of Canada’s closely watched core inflation metrics showed no signs of easing in June.

More coming.

The Canadian Press

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