May 2015 Canadian PPI data report 29 June 2015

  • Prior -0.9%
  • -1.3% vs -1.8% exp y/y. Prior -2.4%
  • Raw material prices 4.4% vs 4.0% exp m/m. Prior 3.8%. Revised to 4.0%
  • -17.0% vs -20.9% prior y/y. Revised to 20.7%

Energy taking centre stage for the rise in prices as they fell 0.2% when you strip it out. Raw material prices rose 1.1% ex-crude

USDCAD moves about 8 pips on the numbers and trades 1.2348

Canadian PPI m/m