At 14:30 (GMT+2), the April Raw Materials Price Index will be published in Canada. Unlike the index of prices for manufactured goods, this indicator includes purchase items that are not produced in the country, and all costs incurred by the buyer of raw materials, including the goods themselves, transportation costs, net taxes paid, customs duties, are involved in its calculation. If the value decreases from −1.0% MoM and from 3.9% YoY, this will act as a driver of the downward dynamics of the Canadian dollar.
