Canada inflation rises to 6.8pc

OTTAWA, May 18 (Reuters): Canada's annual inflation rate accelerated again in April, edging ahead of analyst expectations, largely driven by rising food and shelter prices, Statistics Canada data showed on Wednesday.
Headline inflation hit 6.8 per cent in April, just beating analyst forecasts that the annual rate would stay flat at 6.7 per cent, and edging closer to the 6.9 per cent hit in January 1991.
Grocery prices rose 9.7% in April, the largest increase since September 1981. Prices for starchy staple foods like pasta and bread led gains.