UPDATE 2-Canada May inflation jump underlines BoC's fears

Newswire

(Adds details, quotes) OTTAWA, June 19 (Reuters) - Canadian consumer prices rose 2.2 percent in May, up from a 1.7 percent rise in April, on sharply higher gasoline prices, underlining a new Bank of Canada focus on the dangers of inflation. The figures, released by Statistics Canada on Thursday, showed that consumer prices rose 1.0 percent in May from April, the single largest monthly rise since the 2.6 percent recorded in January 1991. That 1991 figure was distorted by the ...

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