Canada's RMPI gained 33.4% year-on-year in May 2026 following a 31.5% rise in April. The top contributors to the RMPI's increase were conventional crude oil (58.7%), gold, silver, and platinum group metal ores and concentrates (71.7%) and synthetic crude oil (58.6%). Meanwhile, notable declines were recorded for other miscellaneous crop products (-22.5%), grains (-12.4%) and natural gas (-16.6%). Excluding crude energy products, the RMPI increased 22.9%. source: Statistics Canada
Commodity Prices YoY in Canada increased to 33.40 percent in May from 31.50 percent in April of 2026. Commodity Prices YoY in Canada averaged 3.87 percent from 1982 until 2026, reaching an all time high of 56.10 percent in April of 2021 and a record low of -34.80 percent in July of 2009. This page includes a chart with historical data for Canada Commodity Prices YoY. Canada Raw Materials Prices YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
Commodity Prices YoY in Canada increased to 33.40 percent in May from 31.50 percent in April of 2026. Commodity Prices YoY in Canada is expected to be 35.00 percent 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 YoY is projected to trend around 4.60 percent in 2027 and 3.50 percent in 2028, according to our econometric models.