Business
Canada Producer Prices Decline in June After Short-Lived U.S.-Iran Pact
OTTAWA—Canadian producer prices declined in June, marking the first month-over-month drop in five months, after a tentative accord between the U.S. and Iran led to lower energy prices.
Statistics Canada’s industrial product price index declined 1.4% in June from the month before. Compared with the same month last year, the producer-price index rose 12.4%, representing the 21st straight month of an annual increase.
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