Canada industrial product prices for February 2.6% vs. 2.5% estimate

Author: Greg Michalowski | Category: News

Canada wholesale prices for February 2021


Industrial product prices for Canada
  • Canada industrial product prices for February 2 .6% vs. 2.5% estimate. Prior month 2.0%. Largest increase in at 40 years. 17 of 21 product groups were higher. YoY +7.1% with excluding energy and petroleum products +7.9%
  • IPPI ex energy and petroleum +2.0%.  
  • Energy and petroleum, +9.8%
  • lumber and wood products +5.2%
  • chemical and chemical products +3.9%
  • primary nonferrous metals +3.3%
  • meet fishing dairy products +3.7%
  • primary ferrous metal products +3.0%
  • prices for fruit vegetables, feed and other products +1.3%
  • Canada raw material price index+6.6%. Last month 5.7%. This was the largest increase since May 2020. Excluding crude energy, RMPI increase by 2.4%.  All 6 major commodity groups were up in February
  • crude energy products +15.7%
  • metal ores, +2.0%
  • crop products +4.1%
  • live animals up 3.4%
  • YoY RMPI rose 17.1%.  Excluding crude energy products, the index was up 17.9% 
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