Canada March PPI +0.5% m/m vs +0.3% expected
CAD

Canada PPI yy
- Prior was +0.4% (revised to +0.6%)
- PPI yy 4.7% vs 4.9% prior
- Raw materials price index -1.0% m/m vs +0.3% prior
- Raw materials price index +3.9% y/y vs +6.6% prior
The slowdown in price pressures is notable via raw materials and that will continue in April via the plunge in oil and natural gas prices.
Source: Forex Live