Source: The Canadian Press
The Industrial Products Price Index increased 0.2% in September, led mainly by primary metal products.
The Raw Materials Price Index declined 0.4%, largely because of significantly lower prices for mineral fuels.
Statistics Canada reports the industrial gain was mainly led by primary metal products (up 2%) and, to a lesser extent, by petroleum and coal products (0.5).
A 0.5% decrease in prices for motor vehicles and other transportation equipment moderated the advance.
The industrial index up 1.4% in September over a year earlier.
The agency says the drop in the raw materials index was led by lower prices for mineral fuels (down 3.3%), particularly crude oil (down 3.7).
Higher prices for non-ferrous metals (up 4%) and vegetable products (5.5) moderated the impact.
Compared with the same month a year earlier, the was up 5.8% in September.
Industrial products, raw materials on the rise in September: StatsCan
- By: IE Staff
- October 29, 2010 October 29, 2010
- 08:57