facebook
twitter
rss
account
search
search
 

Industrial prices flat in Canada

Feb. 28, 2013 at 9:42 AM   |   Comments

OTTAWA, Feb. 28 (UPI) -- Production prices for industrial products and raw materials in Canada were unchanged in December, the government's data agency said Thursday.

Statistics Canada said lower prices for chemical products "largely offset gains elsewhere, including an advance in petroleum and coal products."

The Raw Materials Price Index was higher, gaining 3.8 percent in December, largely due to higher prices for crude oil, the agency said.

Statistics Canada said prices in 10 out of 21 major commodity groups rose, while eight dropped and three were unchanged.

Petroleum and coal prices rose 0.7 percent, while prices for lumber and wood products rose 1.2 percent. Meat, fish and dairy prices rose 0.9 percent pushed by a 1.8 percent gain in meat prices alone.

Conversely, chemical product prices fell 1.4 percent and prices for primary metal products dropped 0.6 percent pushed by a 2.7 percent decline in prices for aluminum products.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
EU demands solution to gas crisis EU demands solution to gas crisis
2
All staff back in Iraq, Gulf Keystone Petroleum says All staff back in Iraq, Gulf Keystone Petroleum says
3
Bakken oil pipeline, Sandpiper, delayed Bakken oil pipeline, Sandpiper, delayed
4
Shale boom driving gas prices lower, AAA says Shale boom driving gas prices lower, AAA says
5
Raytheon to supply components for Israel's Iron Dome interceptor Raytheon to supply components for Israel's Iron Dome interceptor
Trending News
x
Feedback