Architectural, Engineering and Related Services Price Index, third quarter 2014
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Released: 2015-01-09
Data for the Architectural, Engineering and Related Services Price Index (AESPI) are now available for the period from 2013 to the third quarter of 2014.
This first release includes data at the aggregate national level for all the surveyed industry classifications as well as for the following sub-industries: architectural and landscape architectural services; engineering services; and surveying and mapping services.
The AESPI edged up 0.3% in the third quarter compared with the previous quarter, as a result of higher prices for architectural and landscape architectural services (+1.3%), surveying and mapping services (+0.4%) and engineering services (+0.1%).
Chart 1
Architectural, Engineering and Related Services Price Index
Year over year, the aggregate AESPI edged down 0.1% as a result of a decrease in prices of engineering services (-0.9%), which offset increases in prices of architectural and landscape architectural services (+3.9%) and surveying and mapping services (+2.7%). Increased competition contributed the most to the decrease in prices of engineering services during this period.
From the first quarter of 2013 to the third quarter of 2014, the AESPI rose 0.6% as a result of higher prices for architectural and landscape architectural services (+4.9%) and surveying and mapping services (+2.5%). Meanwhile, prices of engineering services edged down 0.1% over the same period. The increase in the AESPI over this period was largely due to higher input costs for all surveyed industries except engineering services, where competition moderated the rise in prices.
Note to readers
The Architectural, Engineering and Related Services Price Index (AESPI) is a quarterly survey that collects information on the prices of architectural, engineering, surveying and mapping services.
With each release, data for the previous quarter may have been revised. Data are also subject to an annual revision with the release of second quarter data of the following reference year. The index is not seasonally adjusted. Data are available at the Canada level only.
The Architectural, Engineering and Related Services Price Index for the fourth quarter of 2014 will be released in March 2015.
Contact information
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (613-951-4636; statcan.mediahotline-ligneinfomedias.statcan@canada.ca).
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