Technical guide for the Industrial Product Price Index / by Tshibangu Batubenga and Megan Kirby-McGregor. : CS62-0014/2025-9E-PDF

"The Industrial Product Price Index (IPPI) measures monthly price changes for major products sold by manufacturers operating in Canada. Price movements of manufactured goods destined for both domestic and export consumption are covered by the IPPI, providing an important indicator of economic performance for the Canadian manufacturing sector. The primary function of the index is to support the Canadian System of Macroeconomic Accounts. In particular, the IPPI is used for deflation purposes in the calculation of monthly Gross Domestic Product (GDP) and the Supply and Use tables (SUT). The index is also of value in analytical studies of price formation and behaviour and can be used in the process of contract escalation"--Introduction, page 4.

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