Producer prices edge higher in Canada

Jan. 6, 2014 at 1:28 PM

OTTAWA, Jan. 6 (UPI) -- Production prices for industrial products and raw materials in Canada rose slightly in November, after two months of declines, Statistics Canada said Monday.

StatsCan said the Industrial Product Price Index edged up 0.1 percent in the month with a push from higher prices for motorized and recreational vehicles.

The Raw Materials Price Index went the other way, dropping by 4.1 percent, StatsCan said.

In November, prices rose for 15 of 21 major commodity groups, the agency said. Two other commodity groups saw prices decline, while four were unchanged.

A 0.9 percent price gain in ferrous metal products also pushed the overall index higher. Prices for pulp and paper products rose 0.7 percent, pushed by higher prices for wood pulp, StatsCan said.

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