November 30, 2018 / 2:03 PM / 16 days ago

Canadian October producer prices climb 0.2 percent on meat, fish, dairy

A truck from a prepared meats company passes an intersection in Toronto, Ontario, Canada December 13, 2016. REUTERS/Chris Helgren

OTTAWA (Reuters) - Canadian producer prices rose by 0.2 percent in October from September, thanks largely to increased demand for meat, fish and dairy products, Statistics Canada said on Friday.

Of the 21 major commodity groups, 10 rose, six fell and five were unchanged.

The meat, fish and dairy sector posted a 0.9 percent gain as prices for fresh and frozen pork jumped 3.6 percent. Prices for cheese and cheese products grew by 1.5 percent.

Petroleum products edged up by 0.2 percent, as higher prices for diesel fuel and light oil fuels helped overcome lower prices for gasoline.

Raw materials prices fell 2.4 percent, the third consecutive month-on-month decline, on reduced demand for crude energy products.

Reporting by David Ljunggren; Editing by Bernadette Baum

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below