Passenger Air Services Price Index, 2016
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Released: 2018-04-03
The Passenger Air Services Price Index decreased 6.4% in 2016 compared with 2015. This was the largest drop since 2009 when the index fell 8.8%. Both domestic (-4.6%) and international (-7.7%) fares declined.
Air fares have historically responded to changes in jet fuel prices. According to the Industrial Product Price Index, jet fuel prices fell 13.3% from 2015 to 2016.
Note to readers
The Passenger Air Services Price Index is an annual series measuring the price change for base air fares to provide indications of the overall trend of domestic and international fares over time. The index covers the operations of major Canadian air carriers.
With each release, data for the previous year may have been revised. The indexes are not seasonally adjusted. Data are available at the Canada level only.
Prior to the release of the Passenger Air Services Price Index, air fare indexes up to 2011 were published in "Air Fare, Canadian Air Carriers, Level I," as part of the publication Aviation (51-004-X).
A Historical Timeline of Canadian Producer Price Statistics
"A Historical Timeline of Canadian Producer Price Statistics," which is part of the Prices Analytical Series (62F0014M), 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 (11-627-M), 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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