SPY•Canada’s producer prices rose 2.0% in September from August, following a revised 1.2% increase in August. Raw materials prices climbed 4.8% month over month and 27.0% year over year.
Industrial product prices in Canada increased 2.0% in September from August, driven by higher prices for energy and petroleum products, as well as chemicals and chemical products. Prices excluding energy and petroleum rose 0.3% month over month and 8.5% year over year. Raw materials prices rose 4.8% from August and 27.0% from a year earlier.
