The Raw Materials Price Index in Canada decreased 2.4 percent from the previous month in August of 2021, the first monthly drop in 11 months. This was mainly due to lower prices for crude energy products (-5.8%), namely conventional crude oil (-6.2%), as well as metal ores, concentrates, and scrap (-2.7%). Conversely, higher prices were seen in crop products (3.4%), namely wheat (5.6%) and canola (2.1%), as poor weather conditions affected crop yields. Year over year, the Raw Materials Price Index rose 27.7%, driven up mainly by conventional crude oil (55.3%), canola (87.2%), and hogs (59.2%). source: Statistics Canada
Wholesale Prices in Canada averaged 70.21 points from 1981 until 2021, reaching an all time high of 130.70 points in July of 2008 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 - values, historical data and charts - was last updated on October of 2021.
Wholesale Prices in Canada is expected to be 123.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Raw Materials Prices is projected to trend around 120.00 points in 2022 and 117.00 points in 2023, according to our econometric models.