At 14:30 (GMT+2), the May Raw Material Price Index will be published in Canada. Unlike the index of prices for manufactured goods, this indicator includes purchasing items produced not in Canada, and all costs incurred by the buyer of raw materials, including the goods themselves, transportation costs, net taxes paid, customs duties, are involved in calculating the value. If the indicator grows on a monthly basis from the current -2.0%, this may have a positive impact on the Canadian dollar.
