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The Industrial Product Price Index (IPPI) in Canada edged up 0.1 percent month-over-month in October 2019, reversing a 0.1 percent decline in September and defying market expectations of a flat reading. Energy and petroleum products increased by 1.2 percent, driven primarily by higher prices for diesel (4.1 percent) and light fuel oils (3.5 percent). However, there were decreases in prices for primary non-ferrous metal (-1.0 percent), driven mainly by lower prices for unwrought precious metals and precious metal alloys (-2.3 percent), including unwrought gold and gold alloys (-1.5 percent) and unwrought silver and silver alloys (-3.4 percent). On a year-over-year basis, the IPPI was down 1.3 percent, primarily due to a 9.5 percent plunge in energy and petroleum products.

The Industrial Product Price Index (IPPI) in Canada went down 0.1 percent month-over-month in September of 2019, after a 0.2 percent increase in the previous month and missing market expectations of a 0.2 percent gain. The decline was almost entirely due to lower prices for meat, fish and dairy products (-3.4 percent), particularly fresh and frozen pork (-12.0 percent). In contrast, cost advanced faster for primary non-ferrous metal (1.7 percent); energy and petroleum (0.5 percent) and chemicals and chemical products (0.5 percent). Year-on-year, producer prices declined 1.3 percent, mainly due to lower prices for energy and petroleum products (-10.2 percent).

The Industrial Product Price Index (IPPI) in Canada increased 0.2 percent month-over-month in August 2019, rebounding from a 0.3 percent fall in the previous month and below market expectations of a 0.3 percent rise. Cost of meat, fish and dairy products (2.7 percent), in particular fresh and frozen pork (+9.9 percent); and primary non-ferrous metal products (2.4 percent), led by unwrought precious metals and precious metal alloys (+7 percent) were mostly offset by lower prices for energy and petroleum products (-2.8 percent), namely motor gasoline (-6.3 percent). Year-on-year, producer prices dropped 1 percent, after declining 1.7 percent in July. Meantime, prices for raw materials purchased by Canadian manufacturers, as measured by the Raw Materials Price Index (RMPI), went down 1.8 percent over the previous month, following an upwardly revised 1.3 percent gain in July, mostly due to lower prices of crude energy products.

The Industrial Product Price Index (IPPI) in Canada went down 0.3 percent month-over-month in July of 2019, following a 1.4 percent drop in the previous month and missing market expectations of a 0.3 percent gain. Prices of meat, fish and dairy products decreased 1.9 percent, marking the second straight monthly fall, amid lower prices for fresh and frozen pork (-7.1 percent). In contrast, energy and petroleum products cost increased (1.2 percent), principally motor gasoline (3.9 percent). Year-on-year, producer prices declined 1.7 percent, the same as the revised value in the previous month. Meanwhile, following two months of decline, the Raw Materials Price Index (RMPI) rose 1.2 percent month-over-month in July, rebounding from a upwardly revised 6.1 percent decline in the prior month.

The Industrial Product Price Index (IPPI) in Canada went down 1.4 percent month-over-month in June of 2019, following a downwardly revised 0.1 percent drop in the previous month and against market expectations of a 0.1 percent fall. It was the largest drop since July of 2017, as energy & petroleum products cost declined sharply (-6.9 percent vs 0.8 percent in May), driven by lower prices for motor gasoline (-8.8 percent), diesel fuel (-9.3 percent) and light fuel oils (-7.4 percent). Additionally, prices dropped for motorized and recreational vehicles (-0.6 percent vs 0.4 percent) and for primary non-ferrous metal products (-1.2 percent vs -2.5 percent). Year-on-year, producer prices declined 1.7 percent compared to a downwardly revised 0.4 percent gain in the previous month.

The Industrial Product Price Index (IPPI) in Canada rose 0.1 percent month-on-month in May 2019, following a 0.8 percent gain in April and in line with market expectations. It was the lowest producer inflation since January, as cost continued to fall for non-ferrous metal products (-1.7 percent vs -0.4 percent in April) and lumber & other wood (-1.1 percent vs -0.2 percent) while prices slowed for energy & petroleum products (0.8 percent vs 4.2 percent) and eat, fish & dairy products (0.6 percent vs 3.3 percent). In contrast, motorized & recreational vehicles cost advanced faster (0.4 percent vs 0.1 percent). Year-on-year, producer prices advanced 0.6 percent, after a downwardly revised 1.7 percent rise in the previous month. Meantime, prices for raw materials purchased by Canadian manufacturers, as measured by the Raw Materials Price Index (RMPI), fell 2.3 percent in May, following an upwardly revised 5.7 percent rise in the previous month.