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.

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Canada Raw Materials Prices


Canada Last Unit Reference Previous Highest Lowest
Inflation Rate 4.40 percent Sep/21 4.10 21.60 -17.80
Inflation Rate Mom 0.20 percent Sep/21 0.20 2.60 -1.30
Consumer Price Index CPI 142.90 points Sep/21 142.60 142.90 12.10
Core Inflation Rate 3.70 percent Sep/21 3.50 5.40 0.00
Core Consumer Prices 140.70 points Sep/21 140.30 140.70 61.70
GDP Deflator 118.90 points Jun/21 116.30 118.90 11.80
Producer Prices 115.90 points Sep/21 114.80 115.90 13.30
Producer Prices Change 15.00 percent Sep/21 14.70 21.46 -7.14
Export Prices 127.40 points Aug/21 127.70 127.70 62.60
Import Prices 130.00 points Aug/21 127.70 8964.00 75.90
Food Inflation 3.90 percent Sep/21 2.70 20.18 -7.14
CPI Transportation 153.20 points Sep/21 153.80 153.80 10.90
CPI Housing Utilities 154.40 points Sep/21 153.90 154.40 39.10
Wholesale Prices 124.60 points Aug/21 127.60 130.70 38.50


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.