Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Canada
Monthly, Not Seasonally Adjusted
CANPRCNTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.16
Year-over-Year Change
-2.53%
Date Range
1/1/1961 - 2/1/2024
Summary
This economic trend measures the monthly, not seasonally adjusted Canadian Producer Price Index (CPPI). The CPPI is a key indicator of inflationary pressures and industrial price dynamics in the Canadian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Canadian Producer Price Index (CPPI) tracks the average change in prices received by domestic producers for their output. It is an important barometer of price movements across a range of industrial sectors and a leading indicator for consumer inflation.
Methodology
The CPPI is calculated by Statistics Canada based on a survey of Canadian manufacturers, processors, and other industrial producers.
Historical Context
The CPPI is closely monitored by the Bank of Canada and other policymakers to assess price stability and guide monetary policy decisions.
Key Facts
- The CPPI has a base year of 2010 = 100.
- Canada is a major producer and exporter of industrial commodities.
- Stable producer prices help support business investment and consumer confidence.
FAQs
Q: What does this economic trend measure?
A: The Canadian Producer Price Index (CPPI) measures the average change in prices received by domestic producers for their industrial output.
Q: Why is this trend relevant for users or analysts?
A: The CPPI is a key leading indicator of inflationary pressures and an important barometer of price dynamics in the Canadian economy.
Q: How is this data collected or calculated?
A: The CPPI is calculated by Statistics Canada based on a survey of Canadian manufacturers, processors, and other industrial producers.
Q: How is this trend used in economic policy?
A: The CPPI is closely monitored by the Bank of Canada and other policymakers to assess price stability and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The CPPI data is published monthly by Statistics Canada with a typical release lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (CANPRCNTO01IXOBM), retrieved from FRED.