Canadian Factory Prices Rise at Fastest Yearly Clip Since 1974
(Bloomberg) -- Canadian industrial product prices continued their run-up in November, bringing annual gains to the highest in almost five decades.
Prices charged by industrial producers rose 0.8% in November, with year-over-year gains accelerating to 18.1%. That's the highest since 1974, when annual price increases briefly surpassed 20%.
©2022 Bloomberg L.P.
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