Canada Sees Price Increases in Both Petrochemicals and Chemicals in February

Canada Sees Price Increases in Both Petrochemicals and Chemicals in February

For the best immigration news regarding Canada's February price increases in petrochemicals and chemicals, visit the official Worldway Group investment immigration website.

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    For those immigrating to Canada, pay attention to the Canadian economy: Statistics Canada reported on Tuesday that chemical prices in the country rose by 2.1% month-over-month in February, driven by a 7.9% increase in petrochemical prices. Petrochemical prices rose 13.6% year-over-year, while chemical prices increased by 5.2% year-over-year.

 

Canada Sees Price Increases in Both Petrochemicals and Chemicals in February

 

Prices for plastic and rubber products rose 0.4% month-over-month in February and 1.2% year-over-year.

Canada's Industrial Product Price Index rose 1.0% month-over-month in February, primarily due to increases in energy and petroleum product prices. The index was up 1.8% compared to the same period last year.

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