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Canada Industrial product and raw materials price indexes, June 2016
The Industrial Product Price Index (IPPI) rose 0.6% in June, mainly due to higher prices for energy and petroleum products. The Raw Materials Price Index (RMPI) increased 1.8%, as a result of higher prices for crude energy products. The IPPI advanced 0.6% in June, after gaining 1.2% in May. Of the 21 major commodity groups, 14 were up, 4 were down and 3 were unchanged. Energy and petroleum products (+3.9%) posted gains for a fourth consecutive month and were the largest contributor to the increase in the IPPI. Higher prices for motor gasoline (+2.6%), light fuel oils (+6.5%) and diesel fuel (+5.4%) were the main ... (full story)