Producer Prices in Canada

Canada Producer Prices | Economic News & Forecasts

Canada - Producer Prices

Inflation plummets in September

Seasonally-adjusted consumer prices fell 0.1% from a month earlier in September, contrasting August’s 0.1% rise. According to Statistics Canada, the decline was driven by lower transport prices. Moreover, climbing food prices slowed from a month earlier.

Inflation plummeted to 2.2%, down from 2.8% in August and well below analysts’ expectations. Meanwhile, annual average inflation was stable from August at 2.2%. Core inflation, which excludes volatile items including fuels and fresh produce, dipped to 1.5% from 1.7%.


Canada Inflation Forecast


In its July monetary policy report, the Bank of Canada forecast inflation averaging 2.4% in 2018 and 2.2% in 2019. Met the why particular Consensus Forecast analysts see inflation averaging 2.2% in 2018, which is up 0.1 percentage points from last month’s forecast. For 2019, our panelists see inflation averaging 2.0%, unchanged from last month’s forecast.

Canada - Producer Prices Data

2013  2014  2015  2016  2017  
Inflation (PPI, annual variation in %)0.4  2.5  -0.8  -0.2  3.1  

Sample Report

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

Download

Canada Facts

ValueChangeDate
Bond Yield2.331.00 %Nov 28
Exchange Rate1.330.15 %Nov 29
Stock Market15,1940.23 %Nov 29

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.

Download

Start Your Free 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