Industrial Product Price (MoM) in Canada climbed 0.4% in September, exceeding the 0.3% rise expected by markets. In August, Canada Industrial Product
Price had increased by a revised 1.9% compared with the 1.3% rise previously estimated. What is the Canada Industrial Product Price ? The Industrial Product Price released by the Statistics Canada measure price changes for major commodities sold by Canadian manufactures. Changes in the IPP are widely followed as an indicator of commodity inflation. A high reading is seen as positive for the CAD, whereas a low reading is seen as negative .
Canadian Dollar was the weakest against the Euro. USD EUR GBP CAD AUD JPY NZD CHF USD -0.33% 0.02% 0.03% 0.15% 0.02% 0.32% -0.30% EUR 0.33% 0.35% 0.33% 0.46% 0.33% 0.65% 0.01% GBP -0.03% -0.34% -0.01% 0.13% -0.01% 0.30% -0.34% CAD -0.03% -0.33% 0.01% 0.10% 0.02% 0.31% -0.32% AUD -0.14% -0.44% -0.11% -0.11% -0.12% 0.19% -0.44% JPY -0.01% -0.38% -0.02% 0.00% 0.13% 0.27% -0.34% NZD -0.32% -0.65% -0.33% -0.31% -0.19% -0.30% -0.63% CHF 0.30% -0.01% 0.33% 0.33% 0.44% 0.33% 0.
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