- Canadian industrial product prices decline in September, while raw materials prices climb
Noticias del mercado
29 octubre 2015
Canadian industrial product prices decline in September, while raw materials prices climb
Statistics Canada released its industrial product and raw materials price indexes on Thursday. The Industrial Product Price Index (IPPI) fell 0.3% in September, missing forecasts for a 0.1% drop, after a 0.3% decline in August.
The decrease was mainly driven by lower prices for energy and petroleum products, which slid 3.6% in September.
15 of the 21 commodity groups increased, 4 declined and 2 were unchanged.
The Raw Materials Price Index (RMPI) climbed 3.0% in September, after a 6.8% fall in August. August's figure was revised down from a 6.6% decline.
The rise was driven by higher prices for crude energy products. Crude energy products rose by 8.2% in September.
3 of the 6 commodity groups rose and 3 decreased.
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