Industrial product prices in
The drop – the third such monthly decline in a row – matched analysts' expectations. Prices rose by 3% from
Prices for motorized and recreational vehicles fell by 0.3%, largely due to the 0.6% increase in the value of the Canadian dollar against the U.S. dollar in June.
There is a significant trade in vehicles between
Raw material prices rose by 1.1% from May, largely as a result of higher prices for crude energy products. The increase was greater than the 0.4% month-on-month growth forecast by analysts.
Prices rose by 9.2% in the year to June after a 7.7% year-on-year jump in May, thanks to a 15.6% rise in the prices of crude energy products.
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