The Daily Canuck 19.06.2026

Research evidence excerpt

The Daily Canuck 19.06.2026

Canada | Financials EquityJuneResearch19, 2026

Figure 1 - Prices Index for Industrial ProductsThe Daily Canuck 19.06.2026

and Raw Materials Index

(January 2020 = 100)

Although energy prices dipped in May, inflation pressures persisted across Industrial Product Price Index (IPPI) Raw Materials Price Index (RMPI)

industrial goods and raw materials due to the supply chain disruptions created 200.0180.0

160.0

140.0by the closure of the Strait of Hormuz. 120.0

100.0

80.0

60.0

40.0

20.0

0.0** Join us for our Canadian Bank Walking Tour on June 23 **

May-21 Aug-21 Nov-21 Feb-22 May-22 Aug-22 Nov-22 Feb-23 May-23 Aug-23 Nov-23 Feb-24 May-24 Aug-24 Nov-24 Feb-25 May-25 Aug-25 Nov-25 Feb-26 May-26What you need to know: .

Source: Statistics Canada; Jefferies

Yesterday, Statistics Canada reported that the IPPI rose 1.2% m/m in May and 13.6% y/y,•

marking continued upward momentum driven by supply chain disruptions and higher energy,

chemical and metal prices. Chemical products surged, and gasoline prices supported energy

gains. The RMPI increased 0.7% m/m and 33.4% y/y, led by crops and metal ores, while crude

energy prices edged lower after prior spikes. Despite the monthly dip, energy prices remained

elevated due to geopolitical tensions. Overall, inflation pressures persisted across industrial

goods and raw materials, with strong y/y increases in fuels and metals offset partly by declines

in some agricultural products and natural gas.

On the macro front, Statistics Canada will release April Retail Sales data tomorrow, and May•

inflation data on Monday.

Headlines

NA: AI is becoming a factor in purchasing decisions: 39% of Canadians use AI to guide what they

buy (National Bank of Canada) Yesterday, National Bank of Canada reported that 39% of Canadians