According to a report released by Statistics Canada Monday, Canada’s Raw Materials Price Index (RMPI) rose 2.1 percent during the 12-month period ending in December, after falling 2.6 percent in November.
While the increase was primarily attributed to crude energy products, the rise in the RMPI over the 12-month period was moderated by metal ores, concentrates and scrap (-10.8 percent), which have been declining since January 2013.