21.08.202512:30:00UTC+00Canadian RMPI Sees Slowdown in Growth Rate in July

The Canadian Raw Materials Price Index (RMPI) experienced a notable slowdown in its growth rate in July 2025. The latest data, updated on August 21, 2025, reveals that the RMPI has stopped at 0.8% this July, compared to June's figure of 1.1%. This metric shows the rate of change over a full year, comparing the values to those of the same month a year prior.

The RMPI is a critical indicator of the cost of raw materials purchased by manufacturers, thus affecting the overall production costs within the country. The decline in July's RMPI suggests a reduction in the pace at which raw material costs are rising, hinting at potential shifts in the supply-demand dynamics in Canada's manufacturing sector.

Economists and market analysts will be closely monitoring this trend. While the decrease in the growth rate may offer relief to manufacturers concerned about rising input costs, it might also reflect broader economic changes or stability in raw material supplies. Investors and stakeholders are advised to consider these figures when evaluating the economic climate and sectoral performance in Canada.