Prices of products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), declined by 1.1% month over month in June 2022 and were 14.3% higher than in June 2021. Prices of raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), edged down 0.1% on a monthly basis in June 2022 and increased 32.4% year over year.
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