November 28, 2014 / 1:58 PM / 4 years ago
Canada factory and raw material prices fall on energy
Workers piece together outerwear on the manufacturing floor of Canada Goose's facility in Toronto January 17, 2012. REUTERS/Fred Thornhill
OTTAWA (Reuters) - Cheaper energy was the lead cause of a 0.5 percent decline in Canadian factory prices in September and a 4.3 percent fall in raw materials prices, Statistics Canada said on Friday.
The median forecasts in a Reuters survey of analysts was for a 0.4 percent fall in industrial product prices and only a 2.5 percent fall in raw materials prices.
Reporting by Randall Palmer; Editing by Chizu Nomiyama
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