Producer’s Price Index is an average of the change in the prices that were sold to producers in order to provide products or services to consumers. A high value means a rise in prices of goods that tends to raise inflation values as measured by the Consumer Price Index. Historically the figure reached an all-time high of 114.90 in May 2017 and an all-time low of 15.60 in February 1956. The figure is published on a monthly basis by Statistics Canada.
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