In May, prices of products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), declined 0.5% month over month and increased 1.2% year over year. Meanwhile, prices of raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), fell 0.4% month over month and declined 2.8% year over year. The IPPI fell 0.5% month over month in May, posting a second consecutive monthly decrease. Prices for lumber and other wood products fell 6.0% month over month in May, declining for a second consecutive month. This was the largest monthly downturn for ... (full story)