Importance Score: 52 / 100 🔵
April 22 (Reuters) – Producer prices in Canada were up 0.5% in March from February as the rise in other commodity groups, particularly primary non-ferrous metal products outweighed the decrease in energy and petroleum products, Statistics Canada said on Tuesday. This followed an upwardly revised 0.6% increase in February. Raw materials prices were down 1.0% in March, and were up 3.9% on the year.
INDUSTRIAL PRODUCT PRICES (pct change) Month-on-month Year-on-year Mar Feb(rev) Feb(prev) Mar Feb(rev) Feb(prev) total +0.5 +0.6 +0.4 +4.7 +5.1 +4.9 ex energy/petrol +1.0 +0.6 +0.4 +6.1 +5.9 +5.6 RAW MATERIALS PRICE INDEX (pct change) Month-on-month Year-on-year Mar Feb(rev) Feb(prev) Mar Feb(rev) Feb(prev) total -1.0 +0.3 +0.3 +3.9 +9.2 +9.3 ex crude energy +0.4 +3.4 +3.4 +14.7 +16.1 +16.2
NOTE – Analysts had expected monthly producer prices to increase by 0.3% from February. (Reporting by Dale Smith, editing by David Ljunggren) ((Reuters Ottawa editorial; [email protected]))
Keywords: CANADA ECONOMY/PRODUCER PRICES
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