The Raw Materials Price Index in Canada fell by 1 percent month-over-month in November of 2021 from a 4.8 percent increase in the prior month. Downward pressure came mostly from crude energy products (-4.4 percent), including conventional crude (-2.7 percent). At the same time, price declines took place for coal (-32.8 percent) as China ramped production in response to tight supply and high prices. Additional decreases were seen in animal and animal products (-1.2 percent), and metal ores, concentrates and scrap (-0.3 percent), dragged by iron ores and concentrates (-20.4%). Further declines in raw materials prices were capped by higher grain costs, including canola (8.7 percent) and wheat (8.5 percent). On a yearly basis, prices for raw materials surged 36.2 percent, compared to an upwardly revised 38.5 percent hike in October. source: Statistics Canada
Wholesale Prices in Canada averaged 70.69 points from 1981 until 2021, reaching an all time high of 133.40 points in October of 2021 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 January of 2022.
Wholesale Prices in Canada is expected to be 130.00 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 117.00 points in 2023, according to our econometric models.