Canada September Raw Materials Price Index MoM: Bullish for CAD

Statistics Canada released the Raw Materials Price Index (RMPI) month-over-month data for September on September 22, 2025. The reported figure was -0.6%, with no forecast available; the previous reading was also -0.6%.Definition: The RMPI measures the prices paid by Canadian manufacturers for key raw materials. While many raw material prices are set globally, the RMPI is minimally affected by exchange rates because these transactions rarely involve foreign currencies.Data importance: 1. The index is calculated by tracking monthly price changes paid by Canadian manufacturers for major raw materials. This data is published monthly, with the next release scheduled for November 20, 2025.

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