Canada March PPI -0.5% y/y vs -1.7% prior

• Prior was -1.7%
• PPI +0.8% m/m vs +0.7% prior
• Uncooked supplies value index -0.5% y/y vs -4.7% prior
• Uncooked supplies value index +4.7% m/m vs +2.1% prior

You can begin to see some pressures constructing on this month’s information, which isn’t surprising for those who’ve been listening to commodity markets.

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