UPDATE 2-Gas prices push Canada May annual inflation lower


(Adds detail, comment) By Luke McCann OTTAWA, June 24 (Reuters) - Canada's annual inflation rate fell in May, confirming analysts' opinions that no immediate rate hike is in store, though they said the Bank of Canada would still have to tighten monetary policy at some point. Inflation fell to 1.6 percent from 2.4 percent in April, mainly due to a fall in gasoline prices, Statistics Canada said on Friday. Analysts had on average forecast 1.8 percent. "This is roughly in line with the ...

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