At 14:30 (GMT+2), the August commodity price index will be published in Canada. Unlike the price index for industrial goods, the indicator includes purchase items not produced in Canada, and its calculation includes all costs borne by the buyer of raw materials, including the goods themselves, transportation costs, net taxes paid, and customs duties. If the value continues its negative trend from the current 3.5% MoM and from −11.1% YoY, it may act as a driver for the depreciation of the Canadian dollar.
