Industrial product price and the raw materials price index for September
– Prior industrial product price was -0.5% m/m
– Industrial product price -0.5% y/y vs -1.3% y/y prior
The industrial product price is Canada’s version of the PPI. It’s not generally a market-mover but there’s a closer focus on the BOC at the moment after the surprise comment at the last press conference that policymakers had talked about cutting.
