Commercial Rents Price Index

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The Commercial Rents Price Index rose 0.2% in the first quarter following a 0.5% increase in the fourth quarter of 2009.

On a year-over-year basis, the index advanced 1.5% in the first quarter compared with the same quarter in 2009.

Note: With this release, data up to and including 2009 are revised and finalized. First quarter 2010 data are subject to revision. All data in this release are seasonally unadjusted.

The Commercial Rents Price Index is part of the Services Producer Price Index program. This is a monthly index which is disseminated on a quarterly basis. Prices collected are average rents measured in price per square foot for a sample of commercial buildings. Data are used to estimate a price index for the non-residential commercial rent services sector. The index can be joined with other business service indexes to provide better estimates of real output and productivity, and to monitor inflation in the services sector. Indexes are available at the Canada level only.

Available on CANSIM: table 332-0001.

Definitions, data sources and methods: survey number 5123.

For more information, or to enquire about the concepts, methods or data quality of this release, contact Client Services (toll-free 1-888-951-4550; 613-951-4550; fax: 613-951-3117; ppd-info-dpp@statcan.gc.ca), Producer Prices Division.

Commercial Rents Price Index

The Commercial Rents Price Index rose 0.2% in the first quarter following a 0.5% increase in the fourth quarter of 2009.

On a year-over-year basis, the index advanced 1.5% in the first quarter compared with the same quarter in 2009.

Note: With this release, data up to and including 2009 are revised and finalized. First quarter 2010 data are subject to revision. All data in this release are seasonally unadjusted.

The Commercial Rents Price Index is part of the Services Producer Price Index program. This is a monthly index which is disseminated on a quarterly basis. Prices collected are average rents measured in price per square foot for a sample of commercial buildings. Data are used to estimate a price index for the non-residential commercial rent services sector. The index can be joined with other business service indexes to provide better estimates of real output and productivity, and to monitor inflation in the services sector. Indexes are available at the Canada level only.

Available on CANSIM: table 332-0001.

Definitions, data sources and methods: survey number 5123.

For more information, or to enquire about the concepts, methods or data quality of this release, contact Client Services (toll-free 1-888-951-4550; 613-951-4550; fax: 613-951-3117; ppd-info-dpp@statcan.gc.ca), Producer Prices Division.