The Retail Services Price Index (2013=100) is now available for the first quarter.
Important notice: Basket update
With the release of the fourth quarter of 2023, a new basket was introduced, coinciding with the start of the collection period for that quarter.
Of the changes made to the most recent basket update, the following series have been added starting with the fourth quarter of 2023, along with their North American Industry Classification System (NAICS) classifications:
• Automobile dealers [4411]
• New car dealers [44111]
• Other motor vehicle dealers [4412]
• Recreational vehicle dealers [44121]
• Motorcycle, boat and other motor vehicle dealers [44122]
These series' values preceding the fourth quarter of 2023 have been imputed from the parental series, motor vehicle and parts dealers [441]. Note that the values for recreational vehicle dealers [44121] and motorcycle, boat and other motor dealers [44122] are based on the Retail Price Report, with values for new car dealers [44111] being derived from data on sales of new motor vehicles provided by J.D. Power.
The Retail Services Price Index basket and updated basket weights, based on the year 2022 (see table 18-10-0173-01), are now available. This basket update includes data from the following NAICS categories: automobile dealers [4411], new car dealers [44111], other motor vehicle dealers [4412], recreational vehicle dealers [44121] and motorcycle, boat and other motor vehicle dealers [44122].
The index's reference period remains 2013=100.
Tables
Access the latest table(s).
Note: some data tables may best be viewed on desktop.
Note to readers
The Retail Services Price Index (RSPI) represents the change in the price of retail services. The price of a retail service is defined as the margin price, which is the difference between the average purchase price and the average selling price of the retail product being priced. The RSPI is not a retail selling price index.
With each release, data for the previous quarter may have been revised. The indexes are not seasonally adjusted. Data are available at the Canada level only.
Products
Statistics Canada has launched the new dashboard "Wholesale and Retail Services Price Indexes: Interactive Tool." This web application provides access to wholesale and retail margin data by category.
Statistics Canada launched the Producer Price Indexes Portal as part of a suite of portals for prices and price indexes. This webpage provides Canadians with a single point of access to a variety of statistics and measures related to producer prices.
The video "Producer price indexes" is available on the Statistics Canada Training Institute webpage. It provides an introduction to Statistics Canada's producer price indexes: what they are, how they are produced and what they are used for.
Quality indicators
Data quality indicators are based on measures of survey precision (standard errors), estimates of market coverage (based on the RSPI sample) and the number of reported price quotes.
Index series without data quality indicators are considered to be statistically reliable.
Users are encouraged to consider quality indicators when using RSPI data.
Reference
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; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).