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%). source: Statistics Canada
Producer Price Inflation MoM in Canada increased to 1.30 percent in August from 0.60 percent in July 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 1.30 percent in August from 0.60 percent in July of 2026. Producer Price Inflation MoM in Canada is expected to be 0.20 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.