The industrial product price index in Canada rose 15.4% year-on-year in July, a 12th consecutive advance, following a 17.2% increase in June. This was mostly driven by higher prices for energy and petroleum products (+46.9%), primary ferrous metal products (+49.8%), as well as lumber and other wood products (+39.1%) compared with July 2020. source: Statistics Canada

Producer Prices Change in Canada averaged 3.35 percent from 1957 until 2021, reaching an all time high of 21.46 percent in November of 1974 and a record low of -7.14 percent in July of 2009. This page provides the latest reported value for - Canada Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Producer Prices Change in Canada is expected to be 10.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Producer Prices Change is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Canada Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
15.40 17.25 21.46 -7.14 1957 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-07-14 12:30 PM PPI YoY Prel Jun 16.2% 16.9%
2021-07-30 12:30 PM PPI YoY Final Jun 16.8% 16.9% 16.2%
2021-08-13 12:30 PM PPI YoY Prel Jul 16.2% 17.4%
2021-08-27 12:30 PM PPI YoY Final Jul 15.4% 17.2% 16.2%
2021-09-29 12:30 PM PPI YoY Aug 15.4%
2021-10-29 12:30 PM PPI YoY Sep
2021-11-29 01:30 PM PPI YoY Oct

Canada Producer Prices Change
In Canada, producer prices change measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.