Canada March PPI +0.5% m/m vs +0.3% expected

• Prior was +0.4% (revised to +0.6%)
• PPI yy 4.7% vs 4.9% prior
• Raw materials price index -1.0% m/m vs +0.3% prior
• Raw materials price index +3.9% y/y vs +6.6% prior

The slowdown in price pressures is notable via raw materials and that will continue in April via the plunge in oil and natural gas prices.

This article was written by Adam Button at www.forexlive.com.