Canada January producer worth index +1.6% m/m vs +zero.2% anticipated
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- Prior was +zero.2%
- PPI y/y +5.eight% vs +four.1% prior
- Uncooked supplies worth index +three.7% m/m vs +1.three% prior
- Uncooked supplies worth index +11.eight% y/y vs +9.1% prior
The softening Canadian greenback has been an issue for commodity worth inflation. Fortuitously it is levelled off in February.
This text was written by Adam Button at www.ubaidahsan.com.
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