Canadian industrial Product Price Index rose 0.3% in August mainly due to higher prices for energy and petroleum products

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29 September 2017

Canadian industrial Product Price Index rose 0.3% in August mainly due to higher prices for energy and petroleum products

The Industrial Product Price Index (IPPI) rose 0.3% in August, mainly due to higher prices for energy and petroleum products. The Raw Materials Price Index (RMPI) increased 1.0%, primarily due to higher prices for crude energy products.

The IPPI increased 0.3% in August, following a 1.6% decrease in July. Of the 21 major commodity groups, 6 were up, 13 were down and 2 were unchanged.

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Canadian GDP was essentially unchanged in July as 11 of 20 industrial sectors grew

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