🇨🇦Canada’s Industrial Producer Prices Experience Strong Rebound in October 2024 🟢Canada Producer Price InflationCanada's industrial producer prices jumped 1.2% in October 2024, beating forecasts of a 0.3% rise and recovering from a 0.8% drop in September. This marked the first increase in three months and the strongest monthly gain since April, driven by a 5.5% surge in non-ferrous metal prices and rises in energy (+2.5%), wood products (+1.3%), and vehicles (+0.3%). Annually, prices grew 1.1%, rebounding from a 1% decline in September. 🔗read more 🫶 @OtetMarkets_en