Industrial Product Price (MoM)

Actual
-0.8%
Previous
0.3%
Forecast
1.6%

The Industrial Product Price released by the Statistics Canada measure price changes for major commodities sold by Canadian manufactures. Changes in the IPP are widely followed as an indicator of commodity inflation. A high reading is seen as positive (or bullish) for the CAD, whereas a low reading is seen as negative (or bearish).

Share on,