Canada's inflation rate was up 8.1 per cent in June compared with a year ago, its largest yearly change since January 1983.

The inflation rate in May was 7.7 per cent.

Statistics Canada said price acceleration in June was largely the result of gas prices rising even faster.

In comparison to a year ago, gas prices were up more than 50 per cent.

The price acceleration in June is consistent with what economists expected, as energy and food prices continued to rise and the economy reopened further.

In its most recent rate decision, the Bank of Canada opted to hike its key interest by a full percentage point to 2.5 per cent, as fears mount over rising inflation expectations among consumers and businesses.

Here's what happened in the provinces (previous month in brackets):

  • Newfoundland and Labrador: 8.2 per cent (8.0)
  • Prince Edward Island: 10.9 per cent (11.1)
  • Nova Scotia: 9.3 per cent (8.8)
  • New Brunswick: 9.1 per cent (8.8)
  • Quebec: 8.0 per cent (7.5)
  • Ontario: 7.9 per cent (7.8)
  • Manitoba: 9.4 per cent (8.7)
  • Saskatchewan: 8.1 per cent (7.0)
  • Alberta: 8.4 per cent (7.1)
  • British Columbia: 7.9 per cent (8.1)

The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets):

  • St. John's, N.L.: 7.5 per cent (7.1)
  • Charlottetown-Summerside: 11.5 per cent (11.7)
  • Halifax: 9.1 per cent (8.4)
  • Saint John, N.B.: 9.0 per cent (8.6)
  • Quebec City: 7.4 per cent (6.7)
  • Montreal: 7.6 per cent (6.9)
  • Ottawa: 7.7 per cent (7.6)
  • Toronto: 7.4 per cent (7.4)
  • Thunder Bay, Ont.: 6.6 per cent (4.9)
  • Winnipeg: 9.4 per cent (8.5)
  • Regina: 8.1 per cent (7.2)
  • Saskatoon: 7.6 per cent (6.6)
  • Edmonton: 8.5 per cent (7.1)
  • Calgary: 9.6 per cent (8.0)
  • Vancouver: 7.7 per cent (8.2)
  • Victoria: 8.4 per cent (8.2)
  • Whitehorse: 7.7 per cent (7.2)
  • Yellowknife: 8.3 per cent (7.5)
  • Iqaluit: 4.3 per cent (3.5)

This report by The Canadian Press was first published July 20, 2022