EPISODE · Jun 22, 2026 · 1 MIN
Inflation Spike Driven by Gas and Tomatoes
from Montreal News Today | 2 Min News | The Daily News Now!
Inflation jumped to 3.2% in May, fueled by a 33% spike in gas prices and a 45% surge in tomato costs—making everyday expenses feel heavier. But core inflation stayed steady, hinting the worst may be behind us. The Middle East war pushed oil prices up earlier this year, and while they’ve dipped from peaks, they’re still higher than pre-conflict levels, affecting everything from flights to salads. Stats Canada points to weather, reduced Mexican crops, and U.S. tariffs as key drivers behind the tomato boom. Gas prices are already falling, which should ease next month’s numbers—but as long as energy costs stay high, businesses may still pass those on to consumers. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/debbc5f848d402a3
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Inflation Spike Driven by Gas and Tomatoes
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