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29.06.2015 12:52 Canadian industrial product and raw materials price indexes climb in May

 

Statistics Canada released its industrial product and raw materials price indexes on Monday. The Industrial Product Price Index (IPPI) climbed 0.5% in May, after a 0.9% drop in April.

 

 

The increase was driven by higher prices for energy and petroleum products. Energy and petroleum products rose 5.0% in May.

 

 

15 of the 21 commodity groups declined, 3 increased and 3 were unchanged.

 

 

The Raw Materials Price Index (RMPI) climbed 4.4% in May, after a 4.0% rise in April. April's figure was revised up from a 3.8% increase.

 

 

The increase was driven by higher prices for crude energy products. Crude energy products soared 8.8% in May.

 

 

3 of the 6 commodity groups rose and 3 decreased.



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