- Analytics
- News and Tools
- Market News
- Prices for products sold by Canadian manufacturers rose 0.3% in January
Prices for products sold by Canadian manufacturers rose 0.3% in January
Prices for products sold by Canadian manufacturers, as measured by the Industrial Product Price Index (IPPI), rose 0.3% in January, mainly due to higher prices for energy and petroleum products. Prices for raw materials purchased by Canadian manufacturers, as measured by the Raw Materials Price Index (RMPI), increased 3.3%, primarily as a result of higher prices for crude energy products.
The IPPI rose 0.3% in January, after edging down 0.1% the previous month. Of the 21 major commodity groups, 7 were up, 10 were down and 4 were unchanged.
Prices for energy and petroleum products (+3.4%) were largely responsible for the increase in the IPPI in January. The increase in this product group was mainly due to higher prices for motor gasoline (+3.8%), diesel fuel (+4.6%) and light fuel oils (+3.8%). The IPPI excluding energy and petroleum products edged down 0.1%.
Primary non-ferrous metal products (+1.0%) and meat, fish and dairy products (+0.9%) also contributed to the increase in the IPPI in January, but to a lesser extent.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
