Canada’s Industrial Product Price Index rose 0.9% in November, while the Raw Materials Price Index increased 0.3%.
News in end use
US Mortgage Application Payment Index Falls for Sixth Straight Month in November
The MBA Mortgage Application Payment Index fell 0.2% in November, marking a sixth straight month of improving homebuyer affordability.
US Existing-Home Sales Edge Higher in November
Existing-home sales rose 0.5% in November to a seasonally adjusted annual rate of 4.13 million, NAR reported.
US Pending Home Sales Post Largest Year-Over-Year Decline Since Early 2025
US pending home sales fell 5.8% year-over-year in the four weeks ending December 14, the steepest decline since early 2025, Redfin reported.
University of Michigan Releases Final Results of Its Consumer Sentiment Index for December
The Index of Consumer Sentiment rose to 52.9 in December, up 3.7% from November but down 28.5% from a year earlier.
Canadian Unemployment Benefit Recipients Increase in October
Regular EI beneficiaries rose 1.1% to 553,000 in October, while Canada’s unemployment rate edged down to 6.9% from 7.1%.
The Conference Board US Leading Economic Index Declines in September
The Conference Board Leading Economic Index declined 0.3% in September to 98.3, following a 0.3% decline in August.
US Mortgage Rates Edge Lower in the Week Ending December 18
The 30-year fixed-rate mortgage averaged 6.21%, down from 6.22% the previous week, Freddie Mac reported.
US Consumer Price Index Rises 2.7% Year-Over-Year in November
The Consumer Price Index rose 0.2% over a combined two-month period and increased 2.7% year-over-year in November, the BLS reported.
US Weekly Initial Jobless Claims Decline in the Week Ending December 13
The advance figure for seasonally adjusted initial unemployment claims was 224,000, a decrease of 13,000 from the previous week.

