After breaking a record figure of more than 7% in May, the consumer price index for June could reach a new peak tomorrow, Statistics Canada should announce.
• Read also: United States: the price of gasoline continues to drop, a boon for Joe Biden
• Read also: Wages are lagging
• Read also: The cancer of credit card debt
“It’s really an economic period that clashes with the past. There is nothing that demonstrates a balance and the figures are not likely to go down anytime soon, ”said the director of the accounting firm Mallette, Éric Pronovost.
With this galloping inflation, the noose is tightening for many Quebecers. However, according to several experts, the drop in the price of groceries and the price of a liter of gasoline, which is experiencing a lull, should ease the financial pressure for many citizens.
“We expect people to simply go and hand over the keys to the bank because there are people who are no longer able to manage it with inflation,” explained the president of Jean Fortin & Associés. , Pierre Fortin.
Despite the price increase, experts are calling for vigilance because no one can predict when the price increase will level off.