Canada: CPI (May) rose 2.3% YoY

FXStreet (Edinburgh) - Canadian consumer prices rose 2.3% on a year to May, surpassing expectations at 2.1%. On a monthly basis prices rose 0.5%, vs. 0.3% expected. The Bank of Canada Core CPI rose 1.5% over the last twelve months; on a monthly basis, core prices rose 0.5% vs. forecasts at 1.5% and 0.2%, respectively.