Statistics Canada announced that 22 passenger cars and passenger accommodation rate reductions make the Canadian inflation rate in June from May's 3.7% drop to 3.1%.

However, higher gasoline and food price inflation continue to remain high. Statistics show that compared to last year, food prices rose 4.3 percent, energy prices rose 15.7%, with gasoline prices rose 28.5 percent increase over May somewhat lower.

Less volatile prices of food and energy, the core of Canada's consumer price index in June from May, up 1.8% to 1.3% increase.

Compared with a year earlier, in June the consumer price index rose all eight components, but with the exception of food and household supplies and equipment category, the other kinds of gains have come down.

Month, housing costs rose 1.7%, passenger accommodation expenses declined by 2.9%.


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