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This Article is From Jan 04, 2022

Canadian Factory Prices Rise at Fastest Yearly Clip Since 1974

Canadian Factory Prices Rise at Fastest Yearly Clip Since 1974

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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