Canada Producer Price Inflation MoM

Name: Canada Producer Price Inflation MoM
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

Canada’s producer prices rose 2.0% month-over-month in April 2026, following a 2.4% increase in March and exceeding market expectations of 1.3%. Shipping disruptions in the Strait of Hormuz, a critical global route for petroleum and other commodities, pushed several commodity prices higher for the second consecutive month. Energy and petroleum products surged 7.7%, after a 26.9% jump in March, driven by higher refined petroleum product prices (+8.1%). Key components included finished motor gasoline (+12.8%), diesel fuel (+3.9%), light fuel oils (+2.7%), and jet fuel (+2.5%). Prices for chemicals and chemical products rose 7.3%, the largest monthly increase on record (data since January 1981), led by plastic resins (+35.7%), dyes and pigments, and petrochemicals (+15.0%). Fertilizers, pesticides, and other chemical products added 5.7%. Excluding energy and petroleum, producer prices increased 1.1%. Annually, producer price inflation reached 11.4% in April, the highest since July 2022. source: Statistics Canada

Producer Price Inflation MoM in Canada decreased to 2 percent in April from 2.40 percent in March 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 May of 2026.

Producer Price Inflation MoM in Canada decreased to 2 percent in April from 2.40 percent in March of 2026. Producer Price Inflation MoM in Canada is expected to be 0.40 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.

Related	Last	Previous	Unit	Reference
Consumer Price Index CPI	168.00	167.40	points	Apr 2026
Core Consumer Prices	161.90	161.60	points	Apr 2026
Core Inflation Rate YoY	2.10	2.50	percent	Apr 2026
Export Prices	149.30	142.90	points	Mar 2026
Import Prices	139.10	137.80	points	Mar 2026
Inflation Rate YoY	2.80	2.40	percent	Apr 2026
Inflation Rate MoM	0.40	0.90	percent	Apr 2026
PPI MoM	2.00	2.40	percent	Apr 2026
Producer Prices	145.30	142.40	points	Apr 2026
PPI YoY	11.40	7.80	percent	Apr 2026
Raw Materials Prices MoM	183.80	179.10	points	Apr 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	2.40	3.80	-2.90	1956 - 2026	percent	Monthly	NSA

News Stream

Canada Producer Prices Rise More Than Expected

Canada’s producer prices rose 2.0% month-over-month in April 2026, following a 2.4% increase in March and exceeding market expectations of 1.3%. Shipping disruptions in the Strait of Hormuz, a critical global route for petroleum and other commodities, pushed several commodity prices higher for the second consecutive month. Energy and petroleum products surged 7.7%, after a 26.9% jump in March, driven by higher refined petroleum product prices (+8.1%). Key components included finished motor gasoline (+12.8%), diesel fuel (+3.9%), light fuel oils (+2.7%), and jet fuel (+2.5%). Prices for chemicals and chemical products rose 7.3%, the largest monthly increase on record (data since January 1981), led by plastic resins (+35.7%), dyes and pigments, and petrochemicals (+15.0%). Fertilizers, pesticides, and other chemical products added 5.7%. Excluding energy and petroleum, producer prices increased 1.1%. Annually, producer price inflation reached 11.4% in April, the highest since July 2022.

2026-05-22

Canada Producer Prices Above Forecasts

Producer prices in Canada jumped 2.4% month-over-month in March 2026, following a 0.6% increase in February and above forecasts of 1.6%. The closure of the Strait of Hormuz was the main event impacting price movements across multiple commodities in March, including energy and petroleum products and chemicals and chemical products. The largest impact came from a record 27.4% surge in prices of energy and petroleum products, particularly refined petroleum energy products (+29.3%) and diesel fuel (+33.2%) and finished motor gasoline (+28.8%) also increased substantially. In addition, prices for chemicals and chemical products rose 4.1%, the largest gain since February 2021, driven primarily by higher prices for plastic resins (+15.4%) and petrochemicals (+8.9%). Excluding energy and petroleum products, producer prices were down 0.5%, with cost falling for primary non-ferrous metal products (-1.7%). Year-on-year, producer prices went up 7.8%.

2026-04-23

Canada Producer Prices Rise Less than Anticipated

Canadian producer prices rose by 0.4% month-over-month in February 2026, slowing from an upwardly revised 2.8% advance in January and below market forecasts of a 1.1% increase. A significant increase in energy and petroleum products (+7.8%), of which diesel fuel (+10.5%) and finished motor gasoline (+5.7%), was offset by lower prices for primary non-ferrous metals (-3.7%) and meat, fish and dairy products (-5.9%). On a yearly basis, producer prices advanced by 5.4%, after an upwardly revised 5.6% surge in the prior month. Meanwhile, prices of raw materials purchased by manufacturers operating in Canada, increased by 0.6% month over month and rose 8.6% year over year.

2026-03-20