Canada’s Raw Materials Price Index (RMPI) increased 0.5% month-on-month in December 2025, following a 0.3% gain in November, and countering expectations for a 0.5% decrease. Prices for animals and animal products fell 1.3% in December. Crude energy products slipped 4.1%, with conventional crude oil down 4.7%, pressured by global oil oversupply and weak demand from China. In contrast, prices for metal ores, concentrates and scrap increased 6.2%, led by a 25.0% rise in silver ores and a 3.7% gain in gold ores, marking the eighth consecutive monthly increase. Excluding crude energy products, the RMPI advanced 2.4%. source: Statistics Canada

Wholesale Prices in Canada increased to 150.50 points in December from 148.80 points in November of 2025. Wholesale Prices in Canada averaged 77.34 points from 1981 until 2025, reaching an all time high of 166.60 points in June of 2022 and a record low of 38.50 points in July of 1986. This page provides - Canada Raw Materials Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Raw Materials Prices - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-22 01:30 PM
Raw Materials Prices MoM
Nov 0.3% 1.6% 0.6% -0.5%
2026-01-21 01:30 PM
Raw Materials Prices MoM
Dec 0.5% 0.6% -0.5% -0.5%
2026-02-20 01:30 PM
Raw Materials Prices MoM
Jan 0.5% 0.1%

Components Last Previous Unit Reference
Consumer Price Index CPI 165.00 165.40 points Dec 2025
Producer Prices 134.60 135.40 points Dec 2025

Related Last Previous Unit Reference
Raw Materials Prices YoY 6.40 7.20 percent Dec 2025
Core Consumer Prices 160.20 160.80 points Dec 2025
Core Inflation Rate YoY 2.80 2.90 percent Dec 2025
CPI Housing Utilities 189.70 189.60 points Dec 2025
CPI Transportation 172.60 171.60 points Dec 2025
Export Prices 140.30 138.70 points Nov 2025
Food Inflation 6.20 4.20 percent Dec 2025
GDP Implicit Price 130.10 129.10 points Sep 2025
Import Prices 137.60 137.20 points Nov 2025
Inflation Rate YoY 2.40 2.20 percent Dec 2025
Inflation Rate MoM -0.20 0.10 percent Dec 2025
PPI YoY 4.90 5.90 percent Dec 2025
Raw Materials Prices MoM 150.50 149.80 points Dec 2025


Canada Raw Materials Prices
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
150.50 149.80 166.60 38.50 1981 - 2025 points Monthly
2020=100, NSA

News Stream
Canada Raw Materials Prices Rise Against Expectations in December
Canada’s Raw Materials Price Index (RMPI) increased 0.5% month-on-month in December 2025, following a 0.3% gain in November, and countering expectations for a 0.5% decrease. Prices for animals and animal products fell 1.3% in December. Crude energy products slipped 4.1%, with conventional crude oil down 4.7%, pressured by global oil oversupply and weak demand from China. In contrast, prices for metal ores, concentrates and scrap increased 6.2%, led by a 25.0% rise in silver ores and a 3.7% gain in gold ores, marking the eighth consecutive monthly increase. Excluding crude energy products, the RMPI advanced 2.4%.
2026-01-21
Canada Raw Materials Prices Moderate in November
Canada’s Raw Materials Price Index (RMPI) edged up 0.3% month-on-month in November 2025, following a 1.6% gain in October and missing market expectations of a 0.6% rise. Prices for animals and animal products fell 2.0%, the largest monthly decline since September 2024, driven by a 7.5% drop in hog prices as lower production costs boosted supply, alongside seasonal post-summer demand weakness. Crude energy prices slipped 0.5%, with conventional crude oil down 0.9%, pressured by global oversupply, although geopolitical risks from the Russia-Ukraine conflict partially offset the decline. In contrast, prices for metal ores, concentrates, and scrap increased 1.5%, led by a 4.0% gain in gold, silver, and platinum group metal ores and concentrates, marking the 15th consecutive monthly increase. Excluding crude energy products, the RMPI advanced 0.6%.
2025-12-22
Canada Raw Materials Prices Extend Rebound in October
Canada’s Raw Materials Price Index (RMPI) rose 1.6% month over month in October 2025, extending the prior month’s rebound of 1.7%. The increase was mainly driven by higher prices for metal ores, concentrates and scrap (9.0%), led by gold, silver and platinum group metal ores and concentrates (13.8%), which posted their largest gain since August 2020. In contrast, crude energy products fell 4.3%, with synthetic crude down 5.3% and conventional crude down 4.3% as global oversupply from increased OPEC plus and non OPEC production weighed on prices. Excluding crude energy products, the RMPI increased 4.2%.
2025-11-20