Annual Inflation Rate On The Rise

The annual inflation rate is on the rise after a major plunge in May that had taken the index to the lowest level in almost two years. It rose by three-tenths of a percentage point to 1.5 per cent last month.

Inflation in the Port City sits at 1.4 per cent for June from 1.7 per cent the month before.The provincial rate for June is the same at 1.4 per cent down from 1.8 per cent in May.