ISTANBUL: Canada's industrial product price index (IPPI) annually rose 2.8% in June, marking the third straight year-on-year increase last month, according to figures released Friday. The annual figure for May was revised up to a gain of 2.1%, from an increase of 1.8%. The biggest contributors to the year-on-year increase in June were unwrought silver and silver alloys that gained 30.5%, and unwrought gold and gold alloys, which increased 23.6%. On a monthly basis, however, IPPI remained unchanged in June compared to the previous month, coming lower than market expectations of a 0.2% increase. The monthly IPPI figure for May was also revised up to a gain of 0.2%, from no change. Prices for meat, fish and dairy products were the largest contributor to the IPPI for the month of June, with a gain of 2.4%, posting its fourth consecutive month-on-month increase, Statistics Canada said in a statement. Source: Anadolu Agency
Canada’s industrial prices annually rise 2.8% in June
News For
RECENT POSTS
European Parliament to Address Key Issues at Strasbourg Plenary
October 3, 2026
Cyprus Hosts Forum to Counter Terrorist Financing
October 3, 2026
Cyprus Shows Limited Use of Circular Economy Funds
October 3, 2026
Charalambides Participates in EU Health Ministers’ Meeting
October 3, 2026
European Leaders Unite for EU Budget Discussions
October 3, 2026