“Prices of products sold by Canadian manufacturers, as measured by the Industrial Product Price Index (IPPI), increased 0.5% in April, mainly due to higher prices for energy and petroleum products,” Statistics Canada reported today. Prices for raw materials purchased by Canadian manufacturers, as measured by the Raw Materials Price Index (RMPI), rose 0.7%, primarily due to higher prices for crude energy products. The IPPI (+0.5%) posted its fourth consecutive monthly increase in April, following a 0.9% increase in March. Of the 21 major commodity groups, 7 were up, 11 were down and 3 were unchanged. Prices rose for motor gasoline (+7.2%), light oil fuels (+3.4%) and diesel fuel (+3.5%). Lower production levels by members of the Organization of the Petroleum Exporting Countries (OPEC) continued to pressure supply and contributed to higher prices for petroleum products. Primary ferrous metal products (+0.8%) also contributed to the rise. 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 EUR/USD: Sinking feeling? – Rabobank FX Street 5 years "Prices of products sold by Canadian manufacturers, as measured by the Industrial Product Price Index (IPPI), increased 0.5% in April, mainly due to higher prices for energy and petroleum products," Statistics Canada reported today. Prices for raw materials purchased by Canadian manufacturers, as measured by the Raw Materials Price Index (RMPI), rose 0.7%, primarily due to higher prices for crude energy products. The IPPI (+0.5%) posted its fourth consecutive monthly increase in April, following a 0.9% increase in March. Of the 21 major commodity groups, 7 were up, 11 were down and 3 were unchanged. Prices rose for motor gasoline… 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.
