November 2017 Canadian PPI report 4 January 2018

  • Prior 1.0%. Revised to 1.1%
  • 2.7% vs 1.8% prior y/y. Revised to 1.7%
  • Raw materials 5.5% vs 4.5% exp m/m. Prior 3.8%
  • 14.2% vs 6.6% prior y/y

Three guesses what drove these prices up in Nov? Prices ex-energy & petrol rose 0.5% vs 0.9% in Oct (revised to 1.1%). Y/y was 0.4% vs 0.7% prior.

USDCAD came off touching 1.2541 to 1.2522.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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