The Raw Materials Price Index in Canada fell 4.2 percent month over month in August of 2022, mainly driven by lower prices for crude energy products (-9.6%). Prices for conventional crude oil dropped 8.1%, and natural gas prices fell 19.4%, with increased production, pipeline capacity, and unplanned outages all playing a role in the significant price drop. This price movement is unique to Canada, as natural gas prices were high globally. Prices for grains (except wheat) fell 7.2%, while the price of wheat decreased 6.6%. source: Statistics Canada
Wholesale Prices in Canada averaged 72.16 points from 1981 until 2022, reaching an all time high of 165.40 points in May 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 September of 2022.
Wholesale Prices in Canada is expected to be 145.00 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 150.00 points in 2023, according to our econometric models.