The Raw Materials Price Index increased 3.2 percent month-over-month in August of 2020, following a 3 percent rise in the previous month. Excluding crude energy products, it went up 4.2 percent. Main upward pressure came from prices for metal ores, concentrates and scrap (9.3 percent), particularly precious metal ores and concentrates (21.7 percent), which saw their largest monthly increase since the series began in 2010. Prices also increased for crude energy products (1.4 percent), of which conventional crude oil (1.4 percent) and animals and animal products (1.2 percent), mostly due to hogs (5.6 percent). Year-over-year, the Raw Materials Price Index was down 7.6 percent, after decreasing 12.1 percent, mostly due to a 24.9 percent slump in prices for crude energy products. source: Statistics Canada
Wholesale Prices in Canada averaged 72.74 points from 1981 until 2020, reaching an all time high of 137.30 points in July of 2008 and a record low of 40.40 points in July of 1986. This page provides - Canada Raw Materials Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Raw Materials Prices - values, historical data and charts - was last updated on October of 2020.
Wholesale Prices in Canada is expected to be 92.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wholesale Prices in Canada to stand at 90.30 in 12 months time. In the long-term, the Canada Raw Materials Prices is projected to trend around 90.90 points in 2021 and 92.30 points in 2022, according to our econometric models.