Prices for products sold by Canadian manufacturers, as measured by the Industrial Product Price Index (IPPI), rose 1.0% in October, mainly due to higher prices for motorized and recreational vehicles. Prices for raw materials purchased by Canadian manufacturers, as measured by the Raw Materials Price Index (RMPI), increased 3.8%, primarily due to higher prices for crude energy products.

The IPPI increased 1.0% in October, following a 0.3% decrease in September. Of the 21 major commodity groups, 18 were up, 1 was down and 2 were unchanged.