{"id":153652,"date":"2025-09-22T19:07:09","date_gmt":"2025-09-22T19:07:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/153652\/"},"modified":"2025-09-22T19:07:09","modified_gmt":"2025-09-22T19:07:09","slug":"canada-august-producer-price-index-0-5-m-m-vs-0-2-expected","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/153652\/","title":{"rendered":"Canada August producer price index +0.5% m\/m vs +0.2% expected"},"content":{"rendered":"<p>Prior was +0.7%Producer prices +4.0% y\/y vs +2.6% priorRaw materials price index -0.6% m\/m vs +0.3% priorRaw materials price index +3.2% y\/y vs +0.8% priorRaw materials price index excluding crude energy up 15.5% y\/y<\/p>\n<p data-v-4026719d=\"\">Falling oil prices have keep producer price in line this year but this is a surprise uptick. Higher prices for chemicals and chemical products, meat, fish and dairy<br \/>\nproducts, motorized and recreational vehicles, and primary non-ferrous<br \/>\nmetal products contributed the most to the increase while energy moderated it.<\/p>\n<p data-v-4026719d=\"\">Meat prices were a big driver led by beef up +5.2% m\/m. On the metals side, it was mainly gold and silver.<\/p>\n<p data-v-4026719d=\"\">Overall, crude oil prices are down 16.2% y\/y and that&#8217;s a big input to indexes like this. If you strip that out (and low prices for oil won&#8217;t last forever), then you instantly have more of an inflation problem. The slop in the raw materials index nearly matches the 2021-22 period.<\/p>\n<p>Raw materials price index<\/p>\n","protected":false},"excerpt":{"rendered":"Prior was +0.7%Producer prices +4.0% y\/y vs +2.6% priorRaw materials price index -0.6% m\/m vs +0.3% priorRaw materials&hellip;\n","protected":false},"author":2,"featured_media":153653,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[84,467,56,54,55],"class_list":["post-153652","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/153652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=153652"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/153652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/153653"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=153652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=153652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=153652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}