Canada's RMPI rose 23.6% year-on-year in March 2026, up from 9.1% in February. The increase was led by the gold, silver, and platinum group metal ores and concentrates (84.1%), conventional crude oil (29.2%), synthetic crude oil (25.6%), and cattle and calves (18.2%) commodity groups. In contrast, prices declined for other miscellaneous crop products (-24.3%). source: Statistics Canada

Commodity Prices YoY in Canada averaged 3.78 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 May of 2026.

Commodity Prices YoY in Canada is expected to be 5.00 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 3.70 percent in 2027 and 3.50 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Raw Materials Prices YoY 23.60 9.10 percent Mar 2026
Consumer Price Index CPI 167.40 165.90 points Mar 2026
Core Consumer Prices 161.60 161.30 points Mar 2026
Core Inflation Rate YoY 2.50 2.30 percent Mar 2026
Core Inflation Rate MoM 0.20 0.40 percent Mar 2026
CPI Housing Utilities 190.10 189.50 points Mar 2026
CPI Transportation 179.50 172.20 points Mar 2026
Export Prices 149.30 142.90 points Mar 2026
Food Inflation 4.00 5.40 percent Mar 2026
GDP Implicit Price 130.10 129.10 points Sep 2025
Import Prices 139.10 137.80 points Mar 2026
Inflation Rate YoY 2.40 1.80 percent Mar 2026
Inflation Rate MoM 0.90 0.50 percent Mar 2026
PPI MoM 2.40 0.60 percent Mar 2026
Producer Prices 141.70 138.40 points Mar 2026
PPI YoY 7.80 5.60 percent Mar 2026
Rent Inflation 4.20 3.90 percent Mar 2026
Services Inflation 2.50 2.70 percent Mar 2026
Raw Materials Prices MoM 179.30 160.10 points Mar 2026


Canada Raw Materials Prices YoY
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.
Actual Previous Highest Lowest Dates Unit Frequency
23.60 9.10 56.10 -34.80 1982 - 2026 percent Monthly
NSA