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Canada Industrial product and raw materials price indexes, July 2016
The Industrial Product Price Index (IPPI) rose 0.2% in July. Higher prices for primary non-ferrous metal products were largely moderated by a decline in prices for energy and petroleum products. The Raw Materials Price Index (RMPI) decreased 2.7%, as a result of lower prices for crude energy products. The IPPI edged up 0.2% in July, after rising 0.7% in June. Of the 21 major commodity groups, 13 were up, 5 were down and 3 were unchanged. The largest downward contribution to the IPPI in July came from energy and petroleum products (-3.5%), which posted their first decline since February 2016 (-4.1%). The fall was led ... (full story)