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CA industrial product and raw materials price indexes, May 2024
Prices of products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), were unchanged month over month in May 2024 and rose 1.8% on a yearly basis. Prices of raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), declined 1.0% month over month in May 2024 and increased 7.6% year over year. On a monthly basis, the IPPI was unchanged in May following four consecutive months of increases. Lower prices for energy and petroleum products (-3.9%) and lumber and other wood products (-4.9%) were largely offset by price increases for ... (full story)
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- Posted: Jun 21, 2024 8:30am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,251
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