FX.co ★ Canada’s Producer Prices Rebound in June

In June 2025, Canada's industrial producer prices experienced a 0.4% increase month-over-month, breaking a two-month trend of declines and exceeding market predictions of a 0.1% rise. This growth was primarily attributed to a 2.8% increase in primary non-ferrous metal products, driven by elevated prices for unwrought gold, silver, and platinum group metals and their alloys, which rose by 5.9%. Remarkably, unwrought platinum group metals and their alloys surged by 15.6%, marking their most significant monthly hike since September 2012. Additionally, prices for meat, fish, and dairy products rose by 2.2%, continuing a seven-month trend of gains, with fresh and frozen chicken leading at 6.7%, followed by fresh and frozen beef and veal at 2.2%. Further contributing to the upward momentum were energy and petroleum products, which increased by 1.1%, and fruit, vegetables, feed, and other food products, which saw a 1.2% rise.