Canada: Industrial Product Price Index rises more than expected in December

FXStreet (Córdoba) - Canadian Industrial Product Price Index (IPPI) rose 0.7% in December exceeding forecast of 0.3%, mainly because of higher prices for energy and petroleum products, Statistics Canada reported Monday.

The Raw Materials Price Index (RMPI) rose 1.9%, slightly below the 2.0% expected, led by crude energy products.