The Raw Materials Price Index in Canada rose 4.8 percent month-over-month in October from a downwardly revised 2.4 percent decrease in September. Upward pressure came mostly from higher prices for crude energy products (13.0 percent), namely conventional crude oil (12.0 percent) and synthetic crude oil (21.0 percent), due to global oil demand outstripping supply and a tight natural gas market in Europe. Additional support came from prices of crop products (2.1 percent), notably granola (4.3 percent) and wheat (3.8 percent). On a yearly basis, prices for raw materials surged 38.4 percent in October, following an upwardly revised 32.4 percent hike in September. source: Statistics Canada

Wholesale Prices in Canada averaged 70.43 points from 1981 until 2021, reaching an all time high of 130.70 points in July of 2008 and a record low of 38.50 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 December of 2021.

Wholesale Prices in Canada is expected to be 129.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Raw Materials Prices is projected to trend around 140.00 points in 2022 and 117.00 points in 2023, according to our econometric models.

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Canada Raw Materials Prices

Related Last Previous Unit Reference
Inflation Rate 4.70 4.40 percent Oct/21
Inflation Rate Mom 0.70 0.20 percent Oct/21
Consumer Price Index CPI 143.90 142.90 points Oct/21
Core Inflation Rate 3.80 3.70 percent Oct/21
Core Consumer Prices 141.50 140.70 points Oct/21
GDP Deflator 119.60 118.70 points Sep/21
Producer Prices 117.70 116.20 points Oct/21
Producer Prices Change 16.70 15.30 percent Oct/21
Export Prices 129.70 127.40 points Sep/21
Import Prices 132.20 130.00 points Sep/21
Food Inflation 3.80 3.90 percent Oct/21
Wholesale Prices 133.30 127.20 points Oct/21
CPI Transportation 155.40 153.20 points Oct/21
CPI Housing Utilities 155.40 154.40 points Oct/21
Canada Raw Materials Prices
The raw materials price index (RPMI) reflects the prices paid by Canadian manufacturers for key raw materials. Unlike the industrial product price index, the RMPI includes goods that are not produced in Canada.