Prices for products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), rose 1.2% in May, driven mainly by higher prices for meat, fish and dairy products as well as energy and petroleum products. Prices for raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), increased 16.4%, mainly on higher crude oil prices. In May, the IPPI rose 1.2%, after four consecutive months of decline. This was the first increase in 2020 for the IPPI. The IPPI excluding energy and petroleum products was up 0.8%. Of the 21 major commodity groups, 6 ... (full story)