RBA Governor Bullock testimony key as rate hike odds hit 70-75%
RBA Governor Michele Bullock appears before parliament as markets assign a 70-75% probability to a rate hike at the September meeting.
28 min ago16 min read
Canada August PPI climbs 1.3% m/m versus 0.6% prior
Canada's August producer price index rose 1.3% m/m, up from 0.6%. Annual PPI increased 13.5%, and raw materials prices also surged.
17/09/2026 13:212 min read
- The previous month's increase was 0.6%.
- Year-over-year, prices advanced 13.5%, compared with 12.4% previously.
- The raw materials price index gained 3.1% month-on-month, after a 2.1% drop in the prior month.
- On an annual basis, the raw materials index rose 22.8%, up from 18.2% previously.
These figures illustrate genuine inflationary pressures, providing context for why central banks remain concerned.
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