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Canada Industrial Product and Raw Materials Price Indexes, July2014
The Industrial Product Price Index (IPPI) declined 0.3% in July, mainly because of lower prices for energy and petroleum products. The Raw Materials Price Index (RMPI) declined 1.4%, largely as a result of lower prices for crude energy products. The IPPI declined 0.3% in July, after increasing 0.1% in June. Of the 21 major commodity groups, 8 were up, 8 were down and 5 were unchanged. The decline in the IPPI was led by lower prices for energy and petroleum products (-2.4%). Prices for motor gasoline (-4.0%), diesel fuel (-3.4%) and light fuel oils (-2.7%) were the main reasons for the decrease in this commodity ... (full story)