New Evidence on Exchange-Rate-Adjusted Prices in Canada
Economic Insights No. 002
6 Pages Posted: 27 Feb 2012
Date Written: January 4, 2012
Abstract
This Economic Insight presents new data on the relative prices of Canadian and U.S. products, focusing on various classes of goods and services. It also evaluates the extent to which changes in these relative prices correlate with movements in the nominal exchange rate. The comparative price estimates are based on data from Statistics Canada's Purchasing Power Parity program.
Keywords: Exchange rate, real exchange rate, prices, international competitiveness, productivity, industry characteristics
JEL Classification: E30, F31, L60, D24, J24, O47
Suggested Citation: Suggested Citation
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