FX.co ★ Canada's Industrial Product Price Index Inches Up in November

Canada’s Industrial Product Price Index (IPPI) reported a slight increase in November, moving from 6.0% in October to 6.1%, according to the latest data update as of December 22, 2025. This adjustment in the IPPI, which measures the price change of goods sold by manufacturers, highlights a modest year-over-year shift in the country's manufacturing landscape.

In a year-over-year comparison for November, this 0.1 percentage point rise from October’s figure signals enduring influences on industrial prices. With the previous month recording a 6.0% year-over-year increase, the latest data reflects the ongoing pressures on Canada’s industrial pricing driven by various economic factors.

The November 2025 IPPI outcome continues a trend observed throughout the year, with slight fluctuations in industrial pricing, hinting at the resilience and adaptability of the Canadian manufacturing sector in the face of global economic challenges. As stakeholders in the manufacturing and investment sectors digest this information, attention will likely focus on strategies to anticipate further shifts in the pricing index in the year ahead.