UPDATE 3-Canada May inflation leap underlines BoC's fears

Newswire

(Adds details, quotes) By David Ljunggren OTTAWA, June 19 (Reuters) - Canadian consumer prices rose 2.2 percent in May, up from a 1.7 percent increase 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 ...

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