- Analytics
- News and Tools
- Market News
- Prices for products sold by Canadian manufacturers, as measured by the Industrial Product Price Index (IPPI), declined 0.2% in July
Prices for products sold by Canadian manufacturers, as measured by the Industrial Product Price Index (IPPI), declined 0.2% in July
Prices for products sold by Canadian manufacturers, as measured by the Industrial Product Price Index (IPPI), declined 0.2% in July, led by lower prices for primary non-ferrous metal products. Prices for raw materials purchased by Canadian manufacturers, as measured by the Raw Materials Price Index (RMPI), rose 0.7%, primarily on higher prices for crude energy products.
The IPPI was down 0.2% in July, following a 0.7% increase in June. July marked the first decline in the IPPI in 2018. Of the 21 major commodity groups, 7 were down, 10 were up and 4 were unchanged.
Primary non-ferrous metal products (-3.3%), which posted their largest decline since July 2017, were the main source of the decline in the IPPI. Lower prices for unwrought precious metals and precious metal alloys (-3.9%) and unwrought copper and copper alloys (-10.1%) pulled this commodity group downward. To a lesser extent, prices of other unwrought non-ferrous metals and non-ferrous metal alloys (-2.9%) and unwrought aluminum and aluminum alloys (-3.1%) also contributed to the decline of primary non-ferrous metal products.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
