Canada’s industrial producer prices rose 0.4% month-over-month in June 2025, rebounding from two consecutive declines and surpassing market expectations of a 0.1% increase. The gain was largely driven by a 2.8% rise in primary non-ferrous metal products, fueled by higher prices for unwrought gold, silver, and platinum group metals and their alloys (+5.9%). Notably, unwrought platinum group metals and their alloys surged 15.6% - their largest monthly increase since September 2012. Prices for meat, fish, and dairy products climbed 2.2%, extending their seven-month streak of gains, led by fresh and frozen chicken (+6.7%) and followed by fresh and frozen beef and veal (+2.2%). Additional upward pressure came from energy and petroleum products (+1.1%) and fruit, vegetables, feed, and other food products (+1.2%).