Food, shelter push inflation in Canada to 6.8% in April: Statistics Canada

The annual rate of inflation rose to 6.8 per cent in April, with price hikes largely driven by rising food and shelter costs, according to Statistics Canada.

The annual rate of inflation hit 6.8 per cent in April, marking a slight uptick from a month earlier, according to Statistics Canada.

The agency pointed to the rising costs of food and shelter as driving prices higher in April.

Last month’s figures mark the highest levels of inflation since 1981.

The inflation rate in March was 6.7 per cent.

More to come.