• Industrial product prices rose in Canada

Market news

29 July 2016

Industrial product prices rose in Canada

The IPPI advanced 0.6% in June, after gaining 1.2% in May. Of the 21 major commodity groups, 14 were up, 4 were down and 3 were unchanged.

Energy and petroleum products (+3.9%) posted gains for a fourth consecutive month and were the largest contributor to the increase in the IPPI. Higher prices for motor gasoline (+2.6%), light fuel oils (+6.5%) and diesel fuel (+5.4%) were the main reasons for the advance in energy and petroleum products. The IPPI excluding energy and petroleum products rose 0.3% in June.

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