Your privacy choice
S7 Markets works without measurement. If you allow it, we count which screens are opened and which actions are taken, on our own domain and never anything you typed. You can change this in Settings at any time.
Read the privacy policyCA.IPPI
Market read
The IPPI outcome is new in that it reversed a prior monthly decline and came in well above consensus, signaling a shift in factory-gate price direction. The RMPI decline of 2.2% m/m shows raw material costs are still falling, though the pace has slowed sharply from the revised prior of -6.7%, which itself was revised from -6.9%. The gap between rising output prices and still-falling input costs represents a sourced divergence within the same release, though sources do not establish a causal mechanism or downstream asset impact.
Try Pro
Track capital flows and market sentiment in real time, across every asset.
No price data yet
Canada's Industrial Product Price Index rose 0.6% m/m in July, beating the estimate of -0.5% and reversing the prior -1.4%. The Raw Materials Price Index fell 2.2% m/m, slightly worse than the -2.0% estimate but a large improvement from the revised prior of -6.7%.
The IPPI outcome is new in that it reversed a prior monthly decline and came in well above consensus, signaling a shift in factory-gate price direction. The RMPI decline of 2.2% m/m shows raw material costs are still falling, though the pace has slowed sharply from the revised prior of -6.7%, which itself was revised from -6.9%. The gap between rising output prices and still-falling input costs represents a sourced divergence within the same release, though sources do not establish a causal mechanism or downstream asset impact.
LiveSquawk·08/20, 07:33 PM
Jin10·08/20, 07:30 PM