Farm Input Price Index, third quarter 2019
Archived Content
Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.
Released: 2020-01-14
The Farm Input Price Index was down 0.3% in the third quarter.
The decrease was due to lower prices for general business costs (-1.5%) and machinery and motor vehicles (-1.1%). Lower prices for machinery fuel (-7.5%) accounted for most of the decline in input costs for machinery and motor vehicles.
Alberta (-1.0%) and Saskatchewan (-1.2%) contributed the most to the national decrease. Ontario (+0.9%), British Columbia (+0.6%) and Quebec (+0.4%) were the only provinces that registered increases.
Farm input prices were up 1.2% year over year, led by higher prices in crop production (+4.3%).
Compared with the third quarter of 2018, the index increased in six provinces. Ontario (+3.1%) contributed the most to the national increase, followed by Saskatchewan (+1.7%) and Manitoba (+2.2%).
Note to readers
The Farm Input Price Index is an indicator of the change in input costs faced by Canadian farmers. The indexes are not seasonally adjusted.
The indexes are available for 13 geographic areas: each of the 10 provinces, Eastern Canada (Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Quebec and Ontario), Western Canada (Manitoba, Saskatchewan, Alberta and British Columbia) and Canada total (excluding the territories).
The Farm Input Price Index is subject to an eight-quarter revision period after dissemination of a given quarter's data.
Products
Statistics Canada has 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 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
The publication "A Historical Timeline of Canadian Producer Price Statistics," 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?" 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 the series 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
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).
- Date modified: