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Canada industrial product and raw materials price indexes, July 2015
The Industrial Product Price Index (IPPI) increased 0.7% in July, mainly because of higher prices for motorized and recreational vehicles. The Raw Materials Price Index (RMPI) declined 5.9% in July, led by lower prices for crude energy products. The IPPI (+0.7%) increased for the third consecutive month in July, posting the largest gain since February 2015. Of the 21 commodity groups, 17 were up, 2 were down, and 2 were unchanged. The main reason for the increase in the IPPI in July was higher prices for motorized and recreational vehicles (+2.5%). The gain was led by increases in passenger cars and light trucks ... (full story)