Breaking News

Canada Industrial Product Price Index (IPPI) YoY

Latest Release

Oct 22, 2024

Actual

-0.9%

0.2%

The Industrial Producer Price Index (IPPI) measures a change in input prices of raw, semi-finished or finished goods. If input costs rise, some will be absorbed by the producer and some passed on to the consumer. Conversely, if input costs fall, some of the decline will be enjoyed as wider profit margins by the producer and some will be passed on to the consumer in the form of lower prices. Because PPI impacts consumer prices, it is watched by central bankers as part of fulfilling their mandate of price stability.

>A reading that is stronger than forecast is generally supportive (bullish) for the CAD, while a weaker than forecast reading is generally negative (bearish) for the CAD.

Importance:

Country:

Currency: CAD

Source: Statistics Canada

Release Date	Time	Actual	Previous
Nov 21, 2024 (Oct)	13:30		-0.9%
Oct 22, 2024 (Sep)	12:30	-0.9%	0.2%
Sep 20, 2024 (Aug)	12:30	0.2%	2.8%
Aug 21, 2024 (Jul)	12:30	2.9%	2.9%
Jul 19, 2024 (Jun)	12:30	2.8%	2.1%
Jun 21, 2024 (May)	12:30	1.8%	1.3%

News

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Analysis

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MON: German CPI Prelim. (Nov), EZ Economic Sentiment/Consumer Confidence Final (Nov), Canadian Producer Prices (Oct), Japanese Unemployment Rate (Oct); Iranian Nuclear Negotiations resume. TUE: New...

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The British pound softened a little yesterday, following some updates regarding the Brexit negotiations and specifically, the issue of the Irish border. Media reports yesterday suggested that Ireland...

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