Canada’s industrial prices slump on soaring currency
Canada’s manufacturers saw prices for their products drop in April, mainly because of a rising loonie, according to figures released Monday.
Statistics Canada said its industrial product price index fell half a percentage point in April.
The index — which measures how much manufacturers get as their products leave the plant gate — stood at 117 in […]
Rising Consumer Confidence Boost Markets, While House Prices Continue to Fall According to …
Rising Consumer Confidence Boost Markets, While House Prices Continue to Fall According to S&P/CS
Optimism dominated investors at the start of this week as rising consumer confidence provided investors with hopes that the world’s largest economy is on its way back to recovery, as last week stock markets dropped after the Federal Reserve Bank released new […]
Consumer Prices Were Unchanged in April
Consumer Prices Were Unchanged in April
The Consumer Price Index was unchanged in April and is now down 0.7 percent on a year-to-year basis. All of the year-over-year decline is due to lower energy prices, which have shown signs of firming more recently. Excluding food and energy, the core CPI rose 0.3 percent in April, with […]