* TSX ends down 0.2% at 22,259.17
* Materials group falls 0.8% as gold declines
* Technology ends 0.5% lower
* Premium Brands Holdings rises on Q1 results
May 13 (Reuters) - Canada's main stock index ended lower on Monday, weighed by declines for technology and gold mining shares, as investors turned cautious ahead of a key U.S. inflation report this week.
The Toronto Stock Exchange's S&P/TSX composite index ended down 49.76 points, or 0.2%, at 22,259.17, its second straight day of declines after it notched a new record closing high on Thursday.
"We're coming off some pretty positive days," said Michael Sprung, president at Sprung Investment Management, adding that investors could be taking some profits ahead of a long weekend in Canada and U.S. inflation data.
"It might be a quieter week until some of this U.S. data comes out," Sprung said.
U.S. stock indexes were a mixed bag, with the S&P 500 staying shy of its March record high as investors waited for the U.S. consumer price index report on Wednesday for clues on prospects for Federal Reserve interest rate cuts this year.
The materials group, which includes metal miners and fertilizer companies, fell 0.8% as the price of gold declined 1%.
Energy edged down 0.2% despite oil settling 1.1% higher at $79.12 a barrel. Investors were watching for potential oil supply disruptions in Western Canada due to wildfires.
Technology was down 0.5% and industrials ended 0.4% lower.
Premium Brands Holdings Corp was a bright spot. Its shares rose 3.6% after the specialty food producer, marketer and distributor beat estimates for first quarter results. (Reporting by Fergal Smith in Toronto and Khushi Singh in Bengaluru; Editing by Ravi Prakash Kumar, Tasim Zahid and David Gregorio)
