The Raw Materials Price Index for Canada rose 2.9% month-over-month in April 2023, the most since May 2022 and more than market expectations of a 0.7% increase. Prices for crude energy products increased 4.4%, mainly on higher prices for conventional crude oil (+5.3%). On the other hand, prices for crop products declined 1.8%, mainly on lower prices for canola (-3.1%) and other crop products (-1.8%). Year-on-year, raw materials prices in Canada fell 10.8%. source: Statistics Canada
Wholesale Prices in Canada averaged 73.28 points from 1981 until 2023, 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 June 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.