-
Industrial product and raw materials price indexes, December 2019
Prices for products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), edged up 0.1% in December, driven primarily by higher prices for primary non-ferrous metal products. Prices for raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), rose 2.8%, mainly due to higher prices for crude energy products. In December, the Industrial Product Price Index (IPPI) was up 0.1%, following a 0.1% decline in November. The IPPI excluding energy and petroleum products also rose 0.1%. Of the 21 major commodity groups, 7 were up, 12 were down, ... (full story)