The Industrial Product Price Index (IPPI) in Canada surged 4% year-on-year in January of 2021, compared to an earlier reading of a 3.8% rise and marking its biggest increase since October of 2018. Higher prices for lumber and other wood products (+61.6%) and primary non-ferrous metal products (+23.4%) were the principal causes of this gain. source: Statistics Canada
Producer Prices Change in Canada averaged 3.26 percent from 1957 until 2021, reaching an all time high of 21.50 percent in November of 1974 and a record low of -7.10 percent in July of 2009. This page provides the latest reported value for - Canada Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Producer Prices Change in Canada is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Canada to stand at 1.50 in 12 months time. In the long-term, the Canada Producer Prices Change is projected to trend around 2.00 percent in 2022, according to our econometric models.