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Industrial product and raw materials price indexes, November 2022
Prices of products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), declined 0.4% month over month in November and were 9.7% higher than in November 2021. Prices of raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), fell 0.8% on a monthly basis in November 2022 and increased 8.0% year over year. In November, the IPPI declined 0.4% month over month and increased 9.7% on a year-over-year basis. Energy and petroleum products (-2.7%) led the decrease in monthly IPPI. Compared with November 2021, prices were up 40.8% in ... (full story)