Free Trial

Industrial And Raw Material Prices Rise From Supply Constraints

CANADA DATA
  • Industrial Product Price Index +0.8% MOM in March after +1.1% in Feb as metal products are hit by supply constraints abroad. Precious metals rallied amid expectations that the United States Federal Reserve will make several interest rate cuts in 2024.
  • IPPI -0.5% YOY, the 6th consecutive decline.
  • Raw materials +4.7% MOM, the largest monthly increase in 2Y, driven by crude energy products which have been impacted by OPEC+ cuts and regional conflicts.
  • Raw materials also +0.8% YOY, the first increase since Sept 2023.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.