Producer prices in Canada slumped by 3.5% from the previous year in April of 2023, the most since May 2020, after an upwardly revised 2.2% decline in March. Analysts had expected a 5.6% dip. source: Statistics Canada
Producer Prices Change in Canada averaged 3.55 percent from 1957 until 2023, 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 June of 2023.
Producer Prices Change in Canada is expected to be -3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Producer Prices Change is projected to trend around 3.00 percent in 2024, according to our econometric models.