Commercial Rents Services Price Index

The Commercial Rents Services Price Index increased 0.1% in the third quarter, following a 0.6% increase in the second quarter.

On a year-over-year basis, the index advanced 1.6% in the third quarter compared with the same quarter in 2010.

Services Producer Price Index: Commercial Rents

Chart description: Services Producer Price Index: Commercial Rents

Note: All data in this release are seasonally unadjusted and are subject to revision. With the release of the final fourth quarter data for any given year, finalized data for all quarters of that year are released at the same time.

The Commercial Rents Services Price Index is part of the Services Producer Price Index program. This is a monthly index that 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 rents 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: 1-855-314-8765 or 613-951-3117; ppd-info-dpp@statcan.gc.ca), Producer Prices Division.