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Canada August industrial prices edge up 0.1%: Statscan flash estimate

FILE PHOTO: A woman wearing a protective face mask passes the closed and boarded up H&M clothing store at Eaton Centre shopping mall during the global outbreak of the coronavirus disease (COVID-19) in Toronto, Ontario, Canada April 6, 2020. REUTERS/Chris Helgren/File Photo

OTTAWA (Reuters) - Producer prices in Canada edged up 0.1% in August from July, the fourth consecutive month of growth, primarily due to higher metal prices, Statistics Canada said on Friday in a preliminary flash estimate.

Non-ferrous metal product prices climbed 5.1%, while unwrought gold and gold alloys were up 4.7%, the agency said. Gains were moderated by a 0.8% decline in motorized and recreation vehicle prices, and a 0.8% decrease in energy and petroleum prices.

Reporting by David Ljunggren and Dale Smith in Ottawa, Editing by Chizu Nomiyama

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