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Canada PPI MoM for August 0.7% vs 0.3% estimate

  • Prior month 0.3%
  • PPI (industrial product prices) MoM 0.7% versus 0.3% expected.
  • Producer prices YoY 2.6% vs 1.7% last month. This was the 10th consecutive increase
  • Raw material prices MoM 0.3% vs 2.7% last month. Excluding energy products, the RMPI rose 0.4%
  • Raw material Prices YoY 0.8% versus 1.1% last month. If you exclude crude energy products, the RMPI posted a 12.6% year-over-year rise. .

This article was written by Greg Michalowski at investinglive.com.

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