The RMPI index in Canada increased 6.6% month-over-month in February of 2021, the largest increase since May 2020 (+15.0%), lifted by crude energy products (15.7%), namely crude oil (15.7%), synthetic crude oil (17.9%) and natural gas (12.4%). Crude oil prices were affected by the aforementioned supply-limiting actions of OPEC+, while natural gas prices spiked mid-February amid extreme cold weather in the US that both increased demand for heating and reduced production capacity. Prices also rose for metal ores, concentrates and scrap (2.0%) of which gold, silver, and platinum group metal ores and concentrates (2.1%), copper ores and concentrates (6.7%), as well as nickel ores and concentrates (2.0%). Crop products also posted higher prices in February (+4.1%), mostly on higher prices for canola (+7.3%) and grains (except wheat) (+4.5%); as well as live animals (3.4%). Year-on-year, the RMPI rose 17.1%. source: Statistics Canada

Wholesale Prices in Canada averaged 69.59 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 April of 2021.

Wholesale Prices in Canada is expected to be 107.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wholesale Prices in Canada to stand at 99.00 in 12 months time. In the long-term, the Canada Raw Materials Prices is projected to trend around 103.00 points in 2022 and 110.00 points in 2023, according to our econometric models.

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Canada Raw Materials Prices

Actual Previous Highest Lowest Dates Unit Frequency
112.80 105.80 130.70 38.50 1981 - 2021 points Monthly
2020=100, NSA

Canada Prices Last Previous Highest Lowest Unit
Inflation Rate 1.10 1.00 21.60 -17.80 percent [+]
Inflation Rate Mom 0.50 0.60 2.60 -1.30 percent [+]
Consumer Price Index CPI 138.90 138.20 138.90 12.10 points [+]
Core Consumer Prices 137.10 136.70 137.10 61.70 points [+]
Core Inflation Rate 1.20 1.60 5.40 0.00 percent [+]
GDP Deflator 112.80 111.60 112.80 11.80 points [+]
Producer Prices 107.10 104.40 107.10 13.30 points [+]
Producer Prices Change 7.10 4.40 21.46 -7.14 percent [+]
Export Prices 116.50 113.50 116.50 62.60 points [+]
Import Prices 122.50 120.90 8964.00 75.90 points [+]
Food Inflation 1.80 1.00 20.18 -7.14 percent [+]
Wholesale Prices 112.80 105.80 130.70 38.50 points [+]
CPI Housing Utilities 148.80 148.40 148.80 39.10 points [+]
CPI Transportation 147.10 144.90 147.10 10.90 points [+]


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.