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Industrial product and raw materials price indexes, February 2022
The Industrial Product Price Index rose 3.1% month over month in February and 16.4% year over year. The Raw Materials Price Index rose 6.0% month over month in February and 29.8% year over year. In February 2022, the Industrial Product Price Index rose 3.1% month over month and 16.4% year over year. This was the sixth consecutive monthly increase, and the largest monthly gain in more than 42 years, since January 1980 (+3.8%). In February, prices for energy and petroleum products rose 8.5% month over month and 44.6% compared with the same month in 2021. The price of motor gasoline exiting refineries in Canada was up ... (full story)