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Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index, second quarter 2017

Released: 2017-10-27

The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index increased 0.3% in the second quarter, following a 0.2% decrease in the first quarter.

Construction, transportation, mining and forestry machinery and equipment was up 0.1%, and office and other commercial and industrial machinery and equipment rose 1.0%.

Chart 1  Chart 1: Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index
Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index

Year-over-year change

The index fell 0.2% in the second quarter compared with the same quarter of 2016. This was the 10th consecutive quarter to post an annual decline, reflecting market conditions in the rental and leasing of heavy machinery and equipment for construction, transportation, mining and forestry.

Construction, transportation, mining and forestry machinery and equipment decreased 1.0%, while office and other commercial and industrial machinery and equipment increased 2.2%.


  Note to readers

The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index (CIMERLSPI) measures price changes of rental and leasing activities for the commercial and industrial machinery and equipment industry.

Data are available at the Canada level only.

With each release, data for the previous quarter may have been revised. The series 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.

The CIMERLSPI combines the North American Industry Classification System codes 53242 and 53249.

A Historical Timeline of Canadian Producer Price Statistics

To celebrate Canada 150, A Historical Timeline of Canadian Producer Price Statistics, which is part of Statistics Canada — Infographics (Catalogue number11-627-M), was created to showcase the key milestones in the history of Canadian producer price statistics. This historical timeline contains answers to questions such as: Who collected Canada's first statistics? What do Canadian producer price indexes measure?

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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