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In October 2024, Canada's international merchandise trade saw a shift with exports increasing by 1.1% and imports rising by 0.5%. This change resulted in the narrowing of Canada's merchandise trade deficit from $1.3 billion in September to $924 million in October. Clarington Post
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The New Housing Price Index (NHPI) for October 2024 has been released by Statistics Canada. The index, which measures changes in the selling prices of new residential houses, showed a national decline of 0.4% compared to the previous month. This marks the largest monthly decrease since April 2009. The
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In October 2024, the Industrial Product Price Index (IPPI) in Canada increased by 1.2% from the previous month, marking the largest monthly growth since April 2024. This rise follows two months of consecutive declines. Year-over-year, the IPPI saw a 1.1% increase. The primary contributors to this monthly rise
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The Consumer Price Index (CPI) in Canada increased by 2.0% on a year-over-year basis in October 2024. This marks a rise from the 1.6% increase observed in September. The change is attributed to a smaller decrease in gasoline prices in October (-4.0%) compared to September (-10.7%
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In September 2024, Canada's merchandise exports decreased by 0.1% to $63.9 billion, while imports fell by 0.4% to $65.1 billion. This resulted in a narrowing of the merchandise trade deficit from $1.5 billion in August to $1.3 billion in September.
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The New Housing Price Index (NHPI) for September 2024 has been released by Statistics Canada. The index measures changes in the selling prices of new residential houses across Canada. For September 2024, the NHPI showed no change at the national level, maintaining a 0.0% growth rate from the previous
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The Industrial Product Price Index (IPPI) and Raw Materials Price Index (RMPI) for September 2024 have shown a decrease in prices for products manufactured in Canada. According to Statistics Canada, the IPPI fell by 0.6% from August to September and decreased by 0.9% compared to the previous year.
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In September 2024, the Consumer Price Index (CPI) in Canada increased by 1.6% compared to the same month in the previous year. This represents a decrease from the 2.0% year-over-year increase recorded in August 2024. The primary factor contributing to this slowdown was a significant drop in gasoline
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In August 2024, Statistics Canada reported changes in farm product prices across various provinces. Prices for grains, oilseeds, specialty crops, cattle, hogs, poultry, eggs, and dairy products were released. Durum wheat prices experienced their 11th consecutive monthly decline, with a 10.6% drop in Saskatchewan and a 7.0% decrease
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In August 2024, Canada's international merchandise trade experienced a decline in exports and a slight increase in imports, resulting in a trade deficit. Merchandise exports decreased by 1.0% to $64.3 billion, while imports rose by 0.3% to $65.4 billion. This change widened Canada'
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The New Housing Price Index (NHPI) for Canada remained unchanged in August 2024 compared to the previous month. This information was released by Statistics Canada on September 23, 2024. The NHPI measures changes over time in the selling prices of new residential houses, with prices agreed upon between the contractor
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August 2024 Price Indexes Report Industrial Product Price Index (IPPI) * The IPPI decreased by 0.8% in August 2024 compared to July 2024. * Year-over-year, the IPPI increased by 0.2%. * The decline was mainly due to lower prices for energy and petroleum products, which fell by 5.0%. * Excluding energy