The industrial product price index in Canada rose 3.8% year-on-year in January of 2021, the biggest increase since October of 2018, a preliminary estimate showed. In particular, softwood lumber jumped 112.1% year over year, a trend underpinned by persistent demand. source: Statistics Canada

Producer Prices Change in Canada averaged 3.26 percent from 1957 until 2021, reaching an all time high of 21.50 percent in November of 1974 and a record low of -7.10 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 February of 2021.

Producer Prices Change in Canada is expected to be 0.70 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 1.50 in 12 months time. In the long-term, the Canada Producer Prices Change is projected to trend around 2.00 percent in 2022, according to our econometric models.

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Canada Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
3.80 1.90 21.50 -7.10 1957 - 2021 percent Monthly
2020=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-05 01:30 PM PPI YoY Final Nov 0% 0.7% 0.1% 0.1%
2021-01-13 01:30 PM PPI YoY Prel Dec 1.5% 0%
2021-01-29 01:30 PM PPI YoY Final Dec 1.8% 0% 1.5%
2021-02-12 01:30 PM PPI YoY Prel Jan 3.8% 1.8% 1.5%
2021-02-26 01:30 PM PPI YoY Final Jan 1.8% 3.8%
2021-03-31 12:30 PM PPI YoY Feb
2021-04-30 12:30 PM PPI YoY Mar
2021-05-31 12:30 PM PPI YoY Apr


Canada Producer Prices Change
In Canada, producer prices change measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.