Canada industrial product prices for June 0.0% vs 0.2% expected

• Prior IPPI prices 0.0% revised to 0.2%
• IPPI prices 0.0% versus 0.2% expected
• IPPI prices YoY 2.8%
• Raw material price index -1.4% versus -0.7% expected. Prior month -1.5%
• RMPI YoY +7.5%

Details of IPPI prices:

• Prices for meat, fish, and dairy products: +2.4%. That was the largest contributor
  • Fresh and frozen beef and veal: +5.6%
  • Fresh and frozen pork: +4.6%
• Prices for pulp and paper products: +1.7%
  • Wood pulp: +2.9%
• Prices for primary non-ferrous metal products: -0.4%
  • Unwrought nickel and nickel alloys: -10.3%
  • Unwrought copper and copper alloys: -4.5%
• Prices for energy and petroleum products: -0.4%
  • Finished motor gasoline: -3.5%
  • Diesel: +3.3%

This article was written by Greg Michalowski at www.forexlive.com.