Canada’s Industrial Product Price Index (IPPI) strengthened in August 2026, with year-over-year growth edging up to 13.5%, according to data updated on 17 September 2026. This marks an acceleration from July 2026, when the index had registered a 12.4% annual increase.
The IPPI measures price changes for industrial products as they leave the factory gate, making it a key indicator of upstream inflationary pressures. The August reading compares price levels in August 2026 with those of August 2025, while the July figure compared prices in July 2026 with July 2025. The pickup in the index suggests that producer-level price pressures continued to build through late summer, potentially signaling ongoing cost pressures that could filter through to consumers in the months ahead.
