Producer Prices in Canada

Canada Producer Prices | Economic News & Forecasts

Canada - Producer Prices

Inflation holds steady in October

Inflation came in at 6.9% in October, matching September’s figure. Rising price pressure for housing and transport were offset by lower price pressures for food and recreation and education.

The trend pointed up slightly, with annual average inflation coming in at 6.5% in October (September: 6.3%). Meanwhile, core inflation fell to 5.8% in October, from September’s 6.0%.

Finally, consumer prices increased 0.72% from the previous month in October, accelerating from the 0.07% increase recorded in September. October's uptick marked the highest reading since May.

FocusEconomics analysts project inflation to average 3.5% in 2023, which is up 0.1 percentage points from last month’s forecast. In 2024, our panel sees inflation averaging 2.2%.

Canada - Producer Prices Data

2015   2016   2017   2018   2019  
Inflation (PPI, annual variation in %)-0.8  -0.2  3.1  3.9  -0.1  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Canada Facts

Value Change Date
Bond Yield1.701.00 %Dec 31
Exchange Rate1.300.15 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form