• Canada Industrial Product Price (MoM) increases 0.4% in September

Market news

19 October 2023

Canada Industrial Product Price (MoM) increases 0.4% in September

Industrial Product Price (MoM) in Canada climbed 0.4% in September, exceeding the 0.3% rise expected by markets. In August, Canada Industrial Product Price (MoM) had increased by a revised 1.9% compared with the 1.3% rise previously estimated.

What is the Canada Industrial Product Price (MoM)?

The Industrial Product Price released by the Statistics Canada measure price changes for major commodities sold by Canadian manufactures. Changes in the IPP are widely followed as an indicator of commodity inflation. A high reading is seen as positive (or bullish) for the CAD, whereas a low reading is seen as negative (or bearish).

When is the next Canada Industrial Product Price (MoM) report released?

The next Canada Industrial Product Price (MoM) data will be published on November 17 at 13:30 GMT. For more information, check the Canada Industrial Product Price (MoM) entry in FXStreet Calendar.

Canadian Dollar price today

The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the weakest against the Euro.

  USD EUR GBP CAD AUD JPY NZD CHF
USD   -0.33% 0.02% 0.03% 0.15% 0.02% 0.32% -0.30%
EUR 0.33%   0.35% 0.33% 0.46% 0.33% 0.65% 0.01%
GBP -0.03% -0.34%   -0.01% 0.13% -0.01% 0.30% -0.34%
CAD -0.03% -0.33% 0.01%   0.10% 0.02% 0.31% -0.32%
AUD -0.14% -0.44% -0.11% -0.11%   -0.12% 0.19% -0.44%
JPY -0.01% -0.38% -0.02% 0.00% 0.13%   0.27% -0.34%
NZD -0.32% -0.65% -0.33% -0.31% -0.19% -0.30%   -0.63%
CHF 0.30% -0.01% 0.33% 0.33% 0.44% 0.33% 0.63%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).

 

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.