FLCA - Canada's annual inflation rate at 2.9% in May June, 25 2024 08:35 AM Franklin FTSE Canada 2024-06-25 08:35:57 ET The annual inflation rate in Canada increased to 2.9% in May from 2.7% in April. On a monthly basis, the Consumer Price Index in Canada increased 0.6% in May, following a 0.5% rise in April and much higher than forecasts of 0.3%. For further details see: Canada's annual inflation rate at 2.9% in May