The Industrial Product Price Index (IPPI) decreased 0.4 per cent in November, mainly because of lower prices for energy and petroleum products. The Raw Materials Price Index (RMPI) declined 5.8 per cent in November, largely as a result of lower prices for crude energy products.
The IPPI, down 0.4 per cent, declined for the third straight month in November, after decreasing 0.6 per cent in October. Of the 21 major commodity groups, 5 were down, 14 were up, while 2 were unchanged.
The RMPI, down 5.8 per cent, fell for the fifth consecutive month in November, after declining 4.2% in October. Of the six major commodity groups, three were up and three were down.
The IPPI rose 1.9 per cent during the 12-month period ending in November, following a 2.4 per cent increase in October.