OTTAWA, July 29 - Canadian industrial product prices fell a further 1.0 percent in Canadian dollar terms in June from May, mainly because of the strength of the Canadian currency against the U.S. dollar, Statistics Canada said on Tuesday. Year on year, manufacturers' prices fell by 2.7 percent. Excluding the foreign exchange effect, they would have fallen by 0.1 percent on the month and risen by 1.2 percent on the year. A survey of analysts had predicted a 0.3 percent rise in industrial prices on the month after May's 2.1 percent fall (revised from -2.0 percent). Many Canadian sales, especially of cars and lumber, are priced in U.S. dollars, so a rise in the Canadian dollar means a fall in prices when translated into the Canadian currency, and this ends up hurting the profits of Canadian companies. Higher oil prices helped push up raw materials prices by 1.2 percent on the month and 3.2 percent on the year. Excluding mineral fuels, raw material prices fell by 1.6 percent from May and 1.0 percent from June 2002. Analysts had predicted a 2.0 percent rise on the month after May's 2.8 percent fall (revised from -2.5 percent).