UPDATE 1-Canada November factory prices rise on oil, metals


* Factory prices rise 0.7 percent in December * Raw material prices up 4.2 percent (Adds details) OTTAWA, Jan 31 (Reuters) - Higher prices for petroleum and metals lifted Canadian producer prices and raw materials prices slightly more than expected in December, according to Statistics Canada data released on Monday. The industrial product price index rose 0.7 percent in the month, topping market forecasts of a 0.6 percent gain and accumulating a 2.9 percent increase on the year. It ...

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