21.01.202613:38:27UTC+00Canada Producer Prices Unexpectedly Decline

In December 2025, Canada's producer prices experienced a 0.6% decrease from the previous month, marking the most significant reduction in seven months. This follows a revised 1.1% increase in November and diverges from market predictions, which anticipated a 0.3% increase. The decline was largely influenced by a significant drop in prices for energy and petroleum products, which fell by 7.2%. This category included steep reductions in refined petroleum products, such as motor gasoline, which decreased by 9.6%, and diesel fuel, falling by 7.5%. Additionally, the prices for lumber and other wood products saw a 3% decline. However, these decreases were partially balanced by a rise in prices for primary non-ferrous metal products, which increased by 7.1%. This rise was chiefly driven by significant gains in unwrought silver and silver alloys, up by 25.4%, unwrought platinum group metals and their alloys, up by 15%, and unwrought gold and gold alloys, which rose by 3.4%. On an annual basis, producer prices grew by 4.9% in December, which is a slowdown from the 5.9% increase observed in the prior month.