The Consumer Price Index (CPI) rose 1.2% in the 12 months to June, following a 0.7% increase in May. This 0.5 percentage point gain in the CPI was led by transportation prices, which rose 2.0% on a year-over-year basis in June after falling 0.5% in May. The acceleration in the transportation index was mostly attributable to prices for gasoline and for the purchase of passenger vehicles, both of which rose in the 12 months to June after declining in May. Compared with June last year, gasoline prices were up 4.6%. This followed a 1.5% decrease in May. Gasoline prices increased in the 12 months to June in all provinces, ... (full story)