Canada January PPI -0.1% vs -0.1% expected

Prior was -1.5% m/mPrices -2.9% y/y vs -2.7% prior Raw materials prices +1.2% m/m vs -4.9% priorRaw materials prices -6.4% y/y vs -7.9% priorThere is ongoing help for inflation here but keep an eye on crude as it continues to perk up. This article was written by Adam Button at www.forexlive.com.

Feb 19, 2024 - 19:10
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Canada January PPI -0.1% vs -0.1% expected
  • Prior was -1.5% m/m
  • Prices -2.9% y/y vs -2.7% prior
  • Raw materials prices +1.2% m/m vs -4.9% prior
  • Raw materials prices -6.4% y/y vs -7.9% prior

There is ongoing help for inflation here but keep an eye on crude as it continues to perk up.

This article was written by Adam Button at www.forexlive.com.
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