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Canada July PPI -2.7% y/y vs -5.5% prior

Canada July PPI -2.7% y/y vs -5.5% prior
Prior was -5.5%Producer prices m/m +0.4% vs -0.6% priorRaw materials price index -11.1% y/y vs -19.7% priorRaw materials price index+3.5% m/m vs -1.5% priorPPI rose after three months of declines. Prices for energy and petroleum products rose 4.1% month over month, a second consecutive monthly increase. Year over year, prices were 22.2% lower compared with July 2022. The prices of diesel fuel (+7.0%) and finished motor gasoline (+1.5%) rose month over month in July 2023.Lumber also rose 16.4%... Read More
Posted: Aug 18 2023, 12:31
Author Name: forexlive
Views: 092155

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