Canada's Raw Materials Price Index fell by 3.1 percent month-over-month to 139.3 index points in December of 2022, following a 0.8 percent drop in November. Crude energy prices fell by 9.3 percent in December, with conventional crude oil falling 10.5 percent over the previous month, bringing oil prices close to the level in January 2022. Meanwhile, prices for metal ores, concentrates, and scrap increased by 5.4 percent. Year-on-year, prices of raw materials rose by 7.5%. source: Statistics Canada
Wholesale Prices in Canada averaged 72.73 points from 1981 until 2022, reaching an all time high of 166.60 points in June of 2022 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
Wholesale Prices in Canada is expected to be 138.00 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 136.00 points in 2024 and 135.00 points in 2025, according to our econometric models.