Producer prices in Canada rose 2.0% month-on-month in September 2026, accelerating from a downwardly revised 1.2% gain in August and contrasting with market expectations of a slowdown to 0.9%. This marked the sharpest monthly rise since March, driven primarily by the prolonged US-Iran conflict, which continued to push inflation of energy and petroleum products higher to 12.1% following a 3.7% gain in August. The increase reflected higher prices for refined products (13.7%), particularly diesel (18.4%), followed by finished motor gasoline (7.8%) and light fuel oils (15.4%). Excluding energy and petroleum products, producer prices edged up 0.3%. Chemical and chemical product prices rebounded sharply by 3.8% after falling 0.3% in August, driven by higher prices for dyes and pigments and petrochemicals (9.7%). Plastic resins (11.0%) and fertilizers, pesticides and other chemical products (4.1%) also contributed significantly to the increase. source: Statistics Canada

Producer Price Inflation MoM in Canada increased to 2 percent in September from 1.20 percent in August of 2026. Producer Price Inflation MoM in Canada averaged 0.29 percent from 1956 until 2026, reaching an all time high of 3.80 percent in January of 1980 and a record low of -2.90 percent in November of 2008. This page includes a chart with historical data for Canada Producer Price Inflation MoM. Canada Producer Price Inflation MoM - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Producer Price Inflation MoM in Canada increased to 2 percent in September from 1.20 percent in August of 2026. Producer Price Inflation MoM in Canada is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Producer Price Inflation MoM is projected to trend around 0.30 percent in 2027 and 0.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-17 12:30 PM
PPI MoM
Aug 1.3% 0.3% 0% 0.3%
2026-10-22 12:30 PM
PPI MoM
Sep 2% 1.2% 0.9% 1.3%
2026-11-19 01:30 PM
PPI MoM
Oct 2%


Related Last Previous Unit Reference
Consumer Price Index CPI 170.00 169.80 points Sep 2026
Core Consumer Prices 163.60 163.60 points Sep 2026
Core Inflation Rate YoY 2.20 2.40 percent Sep 2026
Export Prices 154.80 152.30 points Aug 2026
Import Prices 150.40 148.90 points Aug 2026
Inflation Rate YoY 3.10 3.00 percent Sep 2026
Inflation Rate MoM 0.10 -0.10 percent Sep 2026
PPI MoM 2.00 1.20 percent Sep 2026
Producer Prices 150.70 147.80 points Sep 2026
PPI YoY 14.50 13.20 percent Sep 2026
Raw Materials Prices MoM 182.70 174.30 points Sep 2026


Canada Producer Price Inflation MoM
In Canada, the Producer Price Inflation MoM measures a month-over-month change in the price of goods and services sold by manufacturers and producers in the wholesale market.
Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.20 3.80 -2.90 1956 - 2026 percent Monthly
NSA

News Stream
Canada Producer Prices Rise the Most in 6 Months
Producer prices in Canada rose 2.0% month-on-month in September 2026, accelerating from a downwardly revised 1.2% gain in August and contrasting with market expectations of a slowdown to 0.9%. This marked the sharpest monthly rise since March, driven primarily by the prolonged US-Iran conflict, which continued to push inflation of energy and petroleum products higher to 12.1% following a 3.7% gain in August. The increase reflected higher prices for refined products (13.7%), particularly diesel (18.4%), followed by finished motor gasoline (7.8%) and light fuel oils (15.4%). Excluding energy and petroleum products, producer prices edged up 0.3%. Chemical and chemical product prices rebounded sharply by 3.8% after falling 0.3% in August, driven by higher prices for dyes and pigments and petrochemicals (9.7%). Plastic resins (11.0%) and fertilizers, pesticides and other chemical products (4.1%) also contributed significantly to the increase.
2026-10-22
Canada Producer Prices Unexpectedly Rise
Producer prices in Canada rose 1.3% month-on-month in August 2026, accelerating from a downwardly revised 0.3% increase in July and contrasting with market expectations of a flat reading. Renewed tensions in the conflict between the US and Iran pushed energy and petroleum prices higher, which increased 4% over the month, albeit at a slower pace than the 6.2% gain in July. The increase reflected higher prices for refined products (4.6%), particularly diesel (9.6%), followed by light fuel oils (8.5%). Excluding energy and petroleum products, producer prices rose 0.8%. Meanwhile, prices for primary non-ferrous metal products rebounded, rising 4.4% after two consecutive months of declines, driven by gains in unwrought gold, silver and platinum group metals and their alloys (8%). Prices for chemicals and related products rose 2.8%, rebounding from a 6.9% decline in July, led by increases in plastic resins (10.7%) and fertilizers, pesticides and other chemical products (3.0%).
2026-09-17
Canada Producer Prices Rebound in July
Canada’s Industrial Product Price Index rose 0.6% month-over-month in July 2026, rebounding from a 1.4% decline in June and exceeding forecasts for a 0.4% drop. The increase was driven by higher energy and petroleum product prices, which rose 6.4% as the resumption of the US-Iran conflict in July added to supply concerns. Refined petroleum energy products climbed 6.9%, led by diesel fuel (+10.4%) and finished motor gasoline (+4.7%). Crude oil shipments through the Strait of Hormuz briefly recovered in early July, pushing crude prices lower during the period. Offsetting some of the increase, primary non-ferrous metal prices fell 5.2%, driven by lower prices for unwrought gold, silver and platinum group metals (-6.9%) and unwrought aluminum and aluminum alloys (-7.0%). Prices for chemicals and chemical products declined 3.4%, mainly due to a 10.8% drop in fertilizers, pesticides and other chemical products.
2026-08-20