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Inflation ticked up to 2.9% in May

www.cbc.ca /news/business/cpi-may-1.7245616
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Rental prices rose 0.9 per cent in May from the previous month. That brought the yearly pace of rent increases up to 8.9 per cent, with rent being the second-largest annual contributor to inflation.

Mortgage interest costs slowed very slightly to 0.8 per cent in May from April, and brought the annual pace of increases to 23.3 per cent.

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