The industrial product price index in Canada fell 2.2 percent year-on-year in September of 2020, continuing a downward trend that began in February, primarily as a result of lower prices for energy and petroleum products (-28.2%). source: Statistics Canada
Producer Prices Change in Canada averaged 3.25 percent from 1957 until 2020, reaching an all time high of 21.10 percent in November of 1974 and a record low of -7.20 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 November of 2020.
Producer Prices Change in Canada is expected to be -0.40 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 1.30 in 12 months time. In the long-term, the Canada Producer Prices Change is projected to trend around 1.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.