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Canada January PPI -0.1% vs -0.1% anticipated

  • Prior was -1.5% m/m
  • Costs -2.9% y/y vs -2.7% prior
  • Uncooked supplies costs +1.2% m/m vs -4.9% prior
  • Uncooked supplies costs -6.4% y/y vs -7.9% prior

There’s ongoing assist for inflation right here however control crude because it continues to perk up.

This text was written by Adam Button at www.forexlive.com.

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