Commercial Rents Services Price Index, fourth quarter 2016
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Released: 2017-04-06
The Commercial Rents Services Price Index increased 0.6% in the fourth quarter, following a 0.3% gain the previous quarter. The increase was mainly attributable to higher average rents for retail buildings.
Year-over-year change
The index advanced 1.1% in the fourth quarter compared with the same quarter in 2015.
Chart 1
Commercial Rents Services Price Index
In celebration of the country's 150th birthday, Statistics Canada is presenting snapshots from our rich statistical history.
The shopping mall is a long-standing element of Canada's retailing landscape. It is defined as one or more buildings that form a complex of stores and businesses facing a system of enclosed walkways for pedestrians. The first mall in Canada, the Toronto Arcade, was located at 137 Yonge Street in Toronto and opened its doors to the public in 1884. It offered 52 retail spaces, as well as offices and artists' studios over its three floors. Today, Canada lays claim to the largest mall in North America. The West Edmonton Mall in Edmonton, Alberta opened in 1981 and is home to more than 800 stores and services including over 100 dining venues, two hotels, as well as nine attractions such as amusement and water parks, an ice rink and an aquarium.
Note to readers
The Commercial Rents Services Price Index (CRSPI) is a monthly index disseminated on a quarterly basis. Prices collected are average rents measured in price per square foot for a sample of commercial buildings.
With each release, data for the previous quarter may have been revised. The series is also subject to an annual revision with the release of second-quarter data of the following reference year.
The CRSPI is not seasonally adjusted and is available at the Canada level only.
Infographic: Producer Price Indexes at a Glance
The infographic "Producer Price Indexes at a Glance," which is part of Statistics Canada — Infographics (11-627-M), is available. This infographic demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian economy.
Contact information
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