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.
Recommended UPI Stories
Most Popular
1
Norways Kongsberg to demo missile for U.S. Navy Norways Kongsberg to demo missile for U.S. Navy
2
E-3 Sentry aircraft tipped for digital cockpit, avionic systems makeover E-3 Sentry aircraft tipped for digital cockpit, avionic systems makeover
3
Pizza Hut hoping the "Skinny Slice" will mean big bucks
4
Tony Hayward: Kurdish oil sector open for business Tony Hayward: Kurdish oil sector open for business
5
Saab producing vehicle protection system for unidentified customer Saab producing vehicle protection system for unidentified customer
Trending News
Video
x
Feedback