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Canada CAD

Canada PPI YoY

Info

History

Chart

Impact:

Low

Source: Statistics Canada

Latest Release:

Date:

Surprise:

0.9%

Actual:

6.1%

Forecast: 5.2%

Previous/Revision:

5.7%

Period: Nov

Next Release:

Date:

Forecast: 6.2%

Period: Dec

What Does It Measure?

The Canada PPI YoY (Producer Price Index Year-over-Year) measures the average change over time in the selling prices received by domestic producers for their output. This index focuses on price changes in various sectors, including manufacturing, construction, and agriculture, and is key for assessing inflationary pressures within the Canadian economy.

Frequency

The Canada PPI YoY is released monthly and typically features both preliminary estimates that may be revised and final figures that provide a comprehensive assessment. It is generally published on the last business day of each month.

Why Do Traders Care?

Traders closely monitor the Canada PPI YoY because it provides insights into inflation trends, which can influence monetary policy decisions by the Bank of Canada. As a leading indicator of inflation, significant fluctuations in the PPI can affect the value of the Canadian dollar (CAD) and impact Canadian equities, typically leading to bullish conditions in the stock market or bearish in CAD if the numbers are alarming.

What Is It Derived From?

The Canada PPI YoY is derived from a compilation of price data collected from various producers across Canada, focusing on the prices they receive for their goods and services. The data is collected using surveys of producers and is processed via methodologies that apply weighting to different sectors to reflect their contribution to the overall economy accurately.

Description

The Canada PPI YoY measures price changes relative to the same month in the previous year, which helps eliminate seasonal fluctuations and offers a clearer view of long-term trends in producer prices. This year-over-year comparison is particularly useful for understanding how producers are coping with inflationary pressures and how these changes might impact consumer prices ultimately.

Additional Notes

This indicator serves primarily as a leading economic measure, influencing future inflation expectations and central bank policy considerations. The data is compared to other metrics such as the Consumer Price Index (CPI) and is pivotal for understanding broader economic trends, with possible links to similar developments in other economies.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
Dec 22, 2025	6.1%	5.2%	5.7%	0.9%
Nov 20, 2025	6%	5.6%	5.7%	0.4%
Oct 20, 2025	5.5%	4.6%	3.7%	0.9%
Sep 22, 2025	4%	4.3%	2.6%	-0.3%
Aug 21, 2025	2.6%	1.9%	1.9%	0.7%
Jul 21, 2025	1.7%	2.5%	1.2%	-0.8%
Jun 20, 2025	1.2%	2.3%	2%	-1.1%
May 22, 2025	2%	2.7%	4.7%	-0.7%
Apr 22, 2025	4.7%	4.5%	5.1%	0.2%
Mar 20, 2025	4.9%	5%	5.8%	-0.1%
Feb 20, 2025	5.8%	4.3%	4.1%	1.5%
Jan 22, 2025	4.1%	2.4%	2.2%	1.7%
Dec 23, 2024	2.2%	1.7%	1.1%	0.5%
Nov 21, 2024	1.1%	0.1%	-1%	1%
Oct 22, 2024	-0.9%	1.1%	0.2%	-2%
Sep 20, 2024	0.2%	2.7%	2.8%	-2.5%
Aug 21, 2024	2.9%	3%	2.9%	-0.1%
Jul 19, 2024	2.8%	1.8%	2.1%	1%
Jun 21, 2024	1.8%	1.8%	1.4%
May 28, 2024	1.4%	-0.5%	-0.4%	1.9%
Apr 22, 2024	-0.5%	-1.3%	-1.4%	0.8%
Mar 18, 2024	-1.7%	-2%	-2.9%	0.3%
Feb 19, 2024	-2.9%	-2.7%	-2.8%	-0.2%
Jan 17, 2024	-2.7%	-1.9%	-2%	-0.8%
Dec 19, 2023	-2.3%	-1%	-2.6%	-1.3%
Nov 17, 2023	-2.7%	-1.2%	0.6%	-1.5%
Oct 19, 2023	0.6%	0.4%	0%	0.2%
Sep 18, 2023	-0.5%	-0.8%	-3.2%	0.3%
Aug 18, 2023	-2.7%	-6.3%	-5.5%	3.6%
Jul 18, 2023	-5.5%	-8.3%	-5.7%	2.8%
Jun 19, 2023	-6.3%	-5.8%	-3.8%	-0.5%
May 23, 2023	-3.5%	-5.6%	-2.2%	2.1%
Apr 19, 2023	-1.8%	-2.1%	1.6%	0.3%
Mar 17, 2023	1.4%	3.3%	5%	-1.9%
Feb 17, 2023	5.4%	6.8%	7.7%	-1.4%
Jan 18, 2023	7.6%	9.2%	9.4%	-1.6%
Dec 19, 2022	9.7%	11%	10.1%	-1.3%
Nov 18, 2022	10.1%	7.8%	9.1%	2.3%
Oct 19, 2022	9%	8.5%	10.2%	0.5%
Sep 19, 2022	10.6%	10%	11.5%	0.6%
Aug 18, 2022	11.9%	12%	14.3%	-0.1%
Jul 20, 2022	14.3%	17%	15.7%	-2.7%
Jun 17, 2022	15%	16.2%	16.4%	-1.2%
May 19, 2022	16.4%	17%	17.9%	-0.6%
Apr 22, 2022	18.5%	19%	15.8%	-0.5%
Mar 22, 2022	16.4%	17%	16.3%	-0.6%
Feb 28, 2022	16.9%	17%	15.9%	-0.1%
Jan 31, 2022	16.1%	18%	17.1%	-1.9%
Nov 30, 2020	0.7%	-2.2%	1.1%	2.9%
Oct 30, 2020	-2.2%	-2.2%	-2.3%
Sep 29, 2020	-2.3%	-2.3%	-2.4%
Aug 31, 2020	-2.3%	-2.3%	-3.3%
Jul 31, 2020	-3.1%	-3%	-4.9%	-0.1%
Jun 29, 2020	-4.9%	-6.5%	-6%	1.6%
May 29, 2020	-6%	-5.2%	-2.4%	-0.8%
Apr 30, 2020	-2.4%	-3%	-0.3%	0.6%
Mar 31, 2020	-0.3%	0.3%	0.5%	-0.6%
Feb 28, 2020	0.5%	0.7%	0.5%	-0.2%
Jan 31, 2020	0.3%	0.3%	-0.6%
Jan 06, 2020	-0.4%	-0.5%	-1.4%	0.1%
Nov 29, 2019	-1.3%	-1.1%	-1.3%	-0.2%
Oct 31, 2019	-1.3%	-0.7%	-1%	-0.6%
Sep 30, 2019	-1%	-1.1%	-1.7%	0.1%
Aug 30, 2019	-1.7%	-1.2%	-1.7%	-0.5%
Jul 31, 2019	-1.7%	0.6%	0.4%	-2.3%
Jun 28, 2019	0.6%	2.1%	1.7%	-1.5%
May 31, 2019	1.8%	1.7%	1.5%	0.1%
Apr 30, 2019	1.5%	2%	1.2%	-0.5%
Mar 29, 2019	1.2%	1%	1%	0.2%
Feb 28, 2019	1%	2.1%	2%	-1.1%
Jan 31, 2019	2.2%	3%	2.8%	-0.8%
Jan 04, 2019	2.8%	5.2%	5.2%	-2.4%
Nov 30, 2018	5.3%	5.9%	6.3%	-0.6%
Oct 31, 2018	6.2%	5.4%	5.7%	0.8%
Sep 28, 2018	5.8%	6.2%	6.7%	-0.4%
Aug 31, 2018	6.6%	5.3%	5.3%	1.3%
Jul 31, 2018	5.1%	3.3%	3.4%	1.8%
Jun 29, 2018	3.1%	2.3%	2.3%	0.8%
May 30, 2018	2.4%	2.1%	2.4%	0.3%
Apr 30, 2018	2.3%	2.2%	2.3%	0.1%
Mar 29, 2018	1.9%	2.2%	2.1%	-0.3%
Feb 28, 2018	2%	2%	2.3%
Jan 31, 2018	2.2%	2.5%	2.7%	-0.3%
Jan 04, 2018	2.7%	2%	1.7%	0.7%
Nov 28, 2017	1.8%	1.6%	1.5%	0.2%
Oct 31, 2017	1.5%	2.3%	2.3%	-0.8%
Sep 29, 2017	1.9%	1.5%	1.3%	0.4%
Aug 29, 2017	1.3%	3.8%	3.1%	-2.5%
Jul 31, 2017	3.3%	5%	5.2%	-1.7%
Jun 30, 2017	4.9%	6.1%	6.3%	-1.2%
May 30, 2017	6.3%	5.3%	5.1%	1%
Apr 28, 2017	5.1%	2.5%	3.6%	2.6%
Mar 30, 2017	3.5%	2.5%	2.5%	1%
Feb 28, 2017	2.3%	2.4%	2.3%	-0.1%
Jan 31, 2017	2.2%	1.5%	1.5%	0.7%
Jan 05, 2017	1.4%	1%	0.8%	0.4%
Nov 30, 2016	0.8%	-0.2%	-0.4%	1%
Oct 31, 2016	-0.5%	-0.9%	-1.3%	0.4%
Sep 30, 2016	-1.3%	-1.1%	-1.3%	-0.2%
Aug 30, 2016	-1.3%	-0.9%	-0.8%	-0.4%
Jul 29, 2016	-0.8%	-1.2%	-0.9%	0.4%
Jun 30, 2016	-1.1%	-1.52%	-1.6%	0.42%
May 30, 2016	-1.6%	-1.9%	-2%	0.3%
Apr 29, 2016	-2.1%	-1.7%	-1.3%	-0.4%
Mar 29, 2016	-1.4%	2.1%	1.7%	-3.5%
Feb 29, 2016	1.7%	1.5%	0.9%	0.2%
Jan 29, 2016	1.1%	-0.15%	-0.3%	1.25%
Jan 05, 2016	-0.2%	-0.36%	-0.4%	0.16%
Nov 27, 2015	-0.4%	-0.52%	-0.4%	0.12%
Oct 29, 2015	-0.4%	-0.57%	-0.4%	0.17%
Sep 29, 2015	-0.4%	0%	0.1%	-0.4%
Aug 28, 2015	0.1%	-0.39%	-0.9%	0.49%
Jul 28, 2015	-0.9%	-0.3%	-1.3%	-0.6%
Jun 29, 2015	-1.3%	-1.8%	-2.4%	0.5%
May 28, 2015	-2.4%	-1.7%	-1.8%	-0.7%