Canadian Industrial Prices Fall in May - Modern Distribution Management

Canadian Industrial Prices Fall in May

Influenced by the strength of the Canadian dollar, prices in Canada for manufactured products declined in May after six consecutive monthly increases. Crude oil pushed down prices for raw materials.
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From April to May, prices charged by manufacturers, as measured by the Industrial Product Price Index (IPPI), registered a&nbsp ; 0.5% decline after six consecutive monthly increases. The decrease in prices basically reflects a drop in the prices for motor vehicles and other transportation equipment as well as primary metal products and pulp and paper products.
&nbsp ;
However, higher prices for petroleum and coal products tempered the decline in the Industrial Product Price Index.
&nbsp ;
On a 12-month basis, the IPPI advanced&nbsp ; 3%, a slowdown from the&nbsp …

Influenced by the strength of the Canadian dollar, prices in Canada for manufactured products declined in May after six consecutive monthly increases. Crude oil pushed down prices for raw materials.
&nbsp ;
From April to May, prices charged by manufacturers, as measured by the Industrial Product Price Index (IPPI), registered a&nbsp ; 0.5% decline after six consecutive monthly increases. The decrease in prices basically reflects a drop in the prices for motor vehicles and other transportation equipment as well as primary metal products and pulp and paper products.
&nbsp ;
However, higher prices for petroleum and coal products tempered the decline in the Industrial Product Price Index.
&nbsp ;
On a 12-month basis, the IPPI advanced&nbsp ; 3%, a slowdown from the&nbsp …

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