-
CA industrial product and raw materials price indexes, July 2024
Prices of products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), were unchanged month over month in July and rose 2.9% on a yearly basis. Prices of raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), rose 0.7% month over month in July and increased 4.1% year over year. On a monthly basis, the IPPI was unchanged in July following a 0.1% decrease in June. Higher prices for energy and petroleum products (+2.0%) were offset by lower prices for lumber and other wood products (-3.4%). Excluding energy and petroleum products, ... (full story)