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Consulting Services Price Index, fourth quarter 2016

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Released: 2017-04-27

Consulting Services Price Index

Fourth quarter 2016

2.0% increase

(quarterly change)

The Consulting Services Price Index (COSPI) increased 2.0% in the fourth quarter following a 1.4% gain the previous quarter. This was the third consecutive quarterly increase in prices for the consulting services industry.

Prices for management consulting services, the largest component of the COSPI, rose 2.2% in the fourth quarter, while the price index for environmental, scientific and technical consulting services increased 1.1%.

Year-over-year change

Year over year, the aggregate COSPI rose 2.3% as a result of higher prices for both management consulting services (+1.7%) and environmental, scientific and technical consulting services (+5.4%).

Chart 1  Chart 1: Consulting Services Price Index
Consulting Services Price Index


  Note to readers

The Consulting Services Price Index is a quarterly survey that collects information on the prices of various types of consulting services, such as management, environmental, scientific and technical consulting 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.

Infographic: Producer Price Indexes at a Glance

The infographic, "Producer Price Indexes at a Glance," which is part of Statistics Canada — Infographics (Catalogue number11-627-M), demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian economy.

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; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).

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