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Tuesday, August 30, 2011
Released at 8:30 a.m. Eastern time
Canada's overall current account deficit (on a seasonally adjusted basis) widened by $5.3 billion to reach $15.3 billion in the second quarter. Non-residents continued to supply funds to the Canadian economy, largely through purchases of Canadian debt securities.
Between June and July, the Industrial Product Price Index (IPPI) declined 0.3% and the Raw Materials Price Index (RMPI) fell 1.2%. The largest contributors to the IPPI's decline were chemical products and motor vehicles, while mineral fuels were the major factor in the decrease of the RMPI.
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