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Commercial Rents Services Price Index, second quarter 2019

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Released: 2019-10-03

The Commercial Rents Services Price Index rose 0.7% in the second quarter, following a 0.1% decrease in the previous quarter. The increase was due to higher average rental prices for the retail and office buildings surveyed.

Year-over-year change

The index was up 1.3% in the second quarter compared with the same quarter in 2018.

Chart 1  Chart 1: Commercial Rents Services Price Index
Commercial Rents Services Price Index


  Note to readers

The Commercial Rents Services Price Index (CRSPI) is a monthly index that is disseminated on a quarterly basis. Prices collected are average rents measured in price per square foot for a sample of commercial buildings.

With each release, data for the previous quarter may be revised. The series is subject to an annual revision with the release of second quarter data for the following reference year.

The CRSPI is not seasonally adjusted and is available at the Canada level only.

Products

Statistics Canada has launched the Producer Prices Portal as a part of a suite of portals for the prices and price indexes. This webpage provides Canadians with a single point of access to a wide variety of statistics and measures related to producer prices. The portal offers an array of information on topics such as manufacturing, construction, professional services, distributive trades and financial services. The portal will be continually updated as new information becomes available.

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.

A Historical Timeline of Canadian Producer Price Statistics

"A Historical Timeline of Canadian Producer Price Statistics," part of the Prices Analytical Series (Catalogue number62F0014M), 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?" and "What do Canadian producer price indexes measure?"

Infographic: Producer Price Indexes at a Glance

The infographic "Producer Price Indexes at a Glance," 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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