“Prices for products sold by Canadian manufacturers, as measured by the Industrial Product Price Index (IPPI), declined 0.3% in January, driven primarily by lower prices for energy and petroleum products,” Statistics Canada reported today. Key takeaways from the press release Prices for raw materials purchased by Canadian manufacturers, as measured by the Raw Materials Price Index (RMPI), rose 3.8%, mainly due to higher prices for crude energy products. The IPPI (-0.3%) was down for the third consecutive month in January, following a 0.8% decrease in December. Energy and petroleum products (-1.8%) were largely responsible for the decrease in the IPPI in January. The IPPI rose 1.0% over the 12-month period ending in January, following a 2.0% increase in December. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/JPY refreshes session tops post-US GDP, looking to build on momentum beyond 111.00 handle FX Street 4 years "Prices for products sold by Canadian manufacturers, as measured by the Industrial Product Price Index (IPPI), declined 0.3% in January, driven primarily by lower prices for energy and petroleum products," Statistics Canada reported today. Key takeaways from the press release Prices for raw materials purchased by Canadian manufacturers, as measured by the Raw Materials Price Index (RMPI), rose 3.8%, mainly due to higher prices for crude energy products. The IPPI (-0.3%) was down for the third consecutive month in January, following a 0.8% decrease in December. Energy and petroleum products (-1.8%) were largely responsible for the decrease in the IPPI… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
