TORONTO (Reuters) - The Toronto Stock Exchange's main index closed above the 14,000 mark for the first time Friday, boosted by tame US inflation data and strength in commodity prices.The S&P/TSX composite index closed up 150.69 points, or 1.1 percent, at 14,003.82, a record high close. Earlier in the session, the index hit a record high of 14,009.30.

The TSX is up 1.7 percent for the week, and is up 8.5 percent so far this year.

"Today is economic data-driven," said Paul Taylor, chief investment officer at BMO Harris Investment Management.

"The data that we saw today, this week and the (US Federal Reserve) meeting, all of it, generally confirms a soft landing with a Fed that eventually ends up easing (interest rates)."

A US report Friday showed that higher energy costs pushed US producer prices up a slightly more-than-expected 0.7 percent in April. Excluding volatile food and energy costs, prices were unchanged.

At home, Statistics Canada said the economy lost 5,200 jobs in April as manufacturing cutbacks outweighed gains in the natural resources industry.

All but one of the TSX index's 10 main groups were higher, with the heavyweight energy sector up 2.2 percent and the resource-laden materials group up 1.4 percent. The telecoms sector shed 0.2 percent.

In the oil patch, EnCana rose C$2.99, or 4.8 percent, to C$65.68, while Canadian Natural Resources climbed C$1.63, or 2.4 percent, to C$70.78.

Among miners, Teck Cominco was up C$1.46, or 3.2 percent, at C$47.26, while Lundin Mining rose 43 Canadian cents, or 3.1 percent, to C$14.18.