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.