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Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index
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The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index rose 0.3% in the third quarter, following a 0.4% increase in the second quarter.
Heavy machinery and equipment rental and leasing services (for construction, transportation, mining and forestry) increased 0.5% while office and other commercial and industrial machinery and equipment rental and leasing services decreased 0.1%.
Services Producer Price Index: Commercial and Industrial Machinery and Equipment Rental and Leasing Services
On a year-over-year basis, the index rose 0.7% in the third quarter compared with the same quarter of 2010.
Note: With this release, the second quarter 2011 data are revised and the third quarter 2011 data are subject to revision.
The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index is part of the Services Producer Price Index program at Statistics Canada. The purpose of this survey is to collect and compile data to measure movements in the price of rental and leasing activities for the commercial and industrial machinery and equipment industry. These data are combined to estimate a price index for the commercial and industrial machinery and equipment rental and leasing 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.
The data are not seasonally adjusted. This is a monthly index which is disseminated on a quarterly basis. Indexes are available at the Canada level only.
The Office and Other Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index combines the North American Industry Classification System codes 53242 and 53249.
Available on CANSIM: table 332-0005.
Definitions, data sources and methods: survey number 5137.
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.
Table 1
| Relative importance1 | Third quarter 2010 | Second quarter 2011p | Third quarter 2011p | Second quarter to third quarter 2011 | Third quarter 2010 to third quarter 2011 | |
|---|---|---|---|---|---|---|
| % | (2007=100) | % change | ||||
| Services Producer Price Index: Commercial and industrial machinery and equipment rental and leasing services | 100.00 | 93.4 | 93.8 | 94.1 | 0.3 | 0.7 |
| Construction, transportation, mining, and forestry machinery and equipment rental and leasing | 68.21 | 93.9 | 94.7 | 95.2 | 0.5 | 1.4 |
| Office machinery and equipment rental and leasing and other commercial and industrial machinery and equipment rental and leasing2 | 31.79 | 92.1 | 91.7 | 91.6 | -0.1 | -0.5 |
