Canada March producer prices up 4.0%, biggest monthly gain in 66 years

div classBodysc17zpet90 cdBBJodivpReuters – Producer prices in Canada rose by a record 4.0 in March from February, on higher prices for energy and petroleum products, Statistics Canada said on Friday. This was the largest monthly gain since the series began in January 1956.p

pIt was the seventh consecutive monthly increase for the producer price index and followed a downwardly revised 2.6 gain in February. Raw materials prices were up 11.8 in March from February.pdivdivdiv classBodysc17zpet90 cdBBJodiv

pINDUSTRIAL PRODUCT PRICES change p

pMonthonmonth Yearonyear p

pMar Febrev Febprev Mar Febrev Febprev p

ptotal 4.0 2.6 3.1 18.5 15.8 16.4p

pex energypetrol 2.3 2.0 2.3 13.9 13.1 13.5 p

pRAW MATERIALS PRICE INDEX change p

pMonthonmonth Yearonyear p

pMar Febrev Febprev Mar Febrev Febprev p

ptotal 11.8 6.4 6.0 42.7 30.3 29.8p

pex crude energy 6.8 3.1 2.6 24.3 16.8 16.0p

pReporting by Dale Smithp

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