FX.co ★ Canada's Industrial Product Price Index Sees Decrease in December

In December 2025, Canada's Industrial Product Price Index (IPPI) experienced a notable drop, settling at 4.9%, as reported on January 21, 2026. This represents a decrease from November's 6.1% figure, indicating a modest cooling in the pace of price increases.

The IPPI, which measures the price changes of goods sold by manufacturers domestically, has shown varying trends, but this marks a continuation of a downward adjustment as observed in the year-over-year analysis. While the November figure also reflected a year-over-year comparison, December's data illustrates a more accelerated easing of industrial product prices during the month.

This downward shift suggests potential changes in the economic environment, possibly reflecting adjustments in market demand or changes in input costs. The easing may relieve pressures on manufacturers struggling with the previously escalating prices, potentially signaling more stable conditions for Canadian producers going forward.