Canada November industrial product price 1.4% vs +1.0% expected

Author: Adam Button | Category: News

PPI data from Canada

  • Prior was +1.0% m/m (revised to 1.1% m/m)
  • Industrial prices +2.7% y/y
  • Raw materials price index 5.5% vs 3.8% expected
  • Raw material prices +14.2% y/y

The pipeline inflation pressures are building. The rise in commodity prices hasn't gotten nearly enough attention.

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