Wholesale Services Price Index
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The Wholesale Services Price Index (WSPI) rose 1.0% in the third quarter.
Wholesalers of farm products (+5.8%) posted the largest margin increase in the third quarter. Margins also increased for wholesalers of miscellaneous products (+4.4%) and machinery, equipment and supplies (+1.2%).
Wholesalers of petroleum products (-1.8%) posted the largest decrease in the third quarter, followed by a decline in margins for wholesalers of building material and supplies (-0.2%).
Year over year, the WSPI rose 0.9% in the third quarter compared with the third quarter in 2010. Year-over-year margin increases were posted by wholesalers of farm products (+16.7%), miscellaneous products (+6.8%) and personal and household goods (+2.1%). The year-over-year increase of the WSPI in the third quarter was moderated by downward movements by wholesalers of petroleum products (-5.6%) and building material and supplies (-2.7%).
Services Producer Price Index: Wholesale services
Chart description: Services Producer Price Index: Wholesale Services
Note: All data in this release are seasonally unadjusted and are subject to revision. With the release of the final fourth quarter data for any given year, finalized data for all quarters of that year are released at the same time. The Wholesale Services Price Index (WSPI) is part of the Services Producer Price Index program at Statistics Canada. The WSPI is not a wholesale selling price index. The index represents the change in the price of the wholesale service. The price of the wholesale service is defined as the margin price, which is the difference between the average purchase price and the average selling price of the wholesale product being priced.
Available on CANSIM: table 332-0006.
Definitions, data sources and methods: survey number 5106.
For more information, or to enquire about the concepts, methods or data quality of this release, contact Client Services (toll-free 1-888-951-4550; 613-951-4550; fax: 1-855-314-8765 or 613-951-3117; ppd-info-dpp@statcan.gc.ca), Producer Prices Division.
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