Canada PPI yy
  • Prior was -1.7%
  • PPI +0.8% m/m vs +0.7% prior
  • Raw materials price index -0.5% y/y vs -4.7% prior
  • Raw materials price index +4.7% m/m vs +2.1% prior

You can start to see some pressures building in this month's data, which isn't a surprise if you've been paying attention to commodity markets.