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Energy Drives First Industrial Prices Increase In Four Months

CANADA DATA
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Industrial Product Price Index +0.7% MOM vs consensus for no change; -1.7% YOY, the 5th consecutive YOY decline.
  • Increase led by energy and petroleum products with prices +5.4% as conventional crude oil prices rose and NA refineries were impacted by shutdowns and seasonal maintenance.
  • Excluding energy and petroleum the IPPI was +0.1% MOM.
  • Raw materials +2.1% MOM after +1.2% in Jan, driven by crude energy products (+5.7% MOM).
  • Canada's February CPI is released tomorrow.
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  • Industrial Product Price Index +0.7% MOM vs consensus for no change; -1.7% YOY, the 5th consecutive YOY decline.
  • Increase led by energy and petroleum products with prices +5.4% as conventional crude oil prices rose and NA refineries were impacted by shutdowns and seasonal maintenance.
  • Excluding energy and petroleum the IPPI was +0.1% MOM.
  • Raw materials +2.1% MOM after +1.2% in Jan, driven by crude energy products (+5.7% MOM).
  • Canada's February CPI is released tomorrow.