Market impact tends to be greater when the report reveals a viewpoint that clashes with the ECB's stance. It contains relevant articles, speeches, statistical tables, and provides detailed analysis of current and future economic conditions from the bank's viewpoint.
Industrial Product Price Index released by the Statistics Canada measures price changes for major commodities sold by Canadian manufactures. Changes in the IPP index are widely followed as an indicator of commodity inflation.
Measures the prices paid by Canadian manufacturers for key raw materials, including resources not produced in Canada. Also known as the Producer Price Index, the RMPI is an early measure of inflation. Although producers may not pass on changes in raw material prices to consumers immediately, the index will record these cost pressures before they reach the end consumer and affect inflation rates. The headline figure is the percentage change in the price index from the previous month and year.
The index includes prices for raw materials like mineral fuels, vegetable products, animal and animal products, wood, ferrous materials, non-ferrous metals, and non-metallic minerals.