Farm Input Price Index, third quarter 2015
The Farm Input Price Index rose 0.4% in the third quarter. The gain was mainly attributable to animal production (+1.7%).
Machinery and motor vehicles (+1.6%) also recorded price increases.
In contrast, crop production (-1.2%), buildings (-0.8%) and general business costs (-0.3%) recorded price decreases.
The index rose in five provinces. Alberta (+1.2%) contributed the most to the national increase, followed by Quebec (+1.7%).
Year over year, farm input prices rose 1.5% at the Canada level. The increase was largely attributable to animal production (+6.7%).
The index was up year over year in six provinces in the third quarter. Alberta (+5.7%) contributed the most to the year-over-year advance.
Note to readers
The Farm Input Price Index is an indicator of the change in input costs faced by Canadian farmers. With each release, data for the previous eight quarters may have been revised. The index is not seasonally adjusted.
The index is available for 13 geographic areas: each of the 10 provinces, Eastern Canada (Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec and Ontario), Western Canada (Manitoba, Saskatchewan, Alberta and British Columbia), and Canada total (excluding the territories).
The Farm Input Price Index for the fourth quarter of 2015 will be released in April 2016.
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; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).
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