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Global markets: US consumer prices gain with rent, healthcare costs

By Commodity News Service Canada

WINNIPEG, September 16 (CNS Canada) – The following is a glance at the news moving markets globally.

US CONSUMER PRICES UP IN AUGUST
The American Consumer Price Index increased by 0.2 per cent in August, according to the country’s labour department.

Analysts say higher rent and healthcare costs contributed to the advances.

The country’s consumer prices were unchanged in July.

CANADIAN MANUFACTURING SALES EDGE UP IN JULY
Manufacturing sales edged up 0.1 per cent in July to C$50.7 billion. Higher sales in the food, petroleum and coal products, and primary metals industries were largely offset by a decrease in the production of aerospace product and parts, and by lower machinery sales, Statistics Canada said in a report on Friday.

FOREIGN INVESTMENT IN CANADIAN SECURITIES DOWN IN JULY
Foreign investment in Canadian securities slowed for a fourth straight month to C$5.2 billion in July. At the same time, Canadian investors continued to invest in foreign securities by adding C$4.6 billion to their holdings, Statistics Canada said in a report on Friday.

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