Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index
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The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index (CIMERLPI) rose 0.2% in the first quarter, after no change in the fourth quarter of 2010.
Heavy machinery and equipment rental and leasing services (construction, transportation, mining and forestry) advanced 0.3% while office and other commercial and industrial machinery and equipment rental and leasing services remained unchanged.
On a year-over-year basis, the index declined 0.5% in the first quarter compared with the first quarter of 2010.
Note: With this release, 2010 data are revised and the first quarter 2011 data are subject to revision.
The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index is part of the Services Producer Price Index program at Statistics Canada. The purpose of this survey is to collect and compile data to measure movements in the price of rental and leasing activities for the commercial and industrial machinery and equipment industry. These data are combined to estimate a price index for the commercial and industrial machinery and equipment rental and leasing services sector. The index can be joined with other business service indexes to provide better estimates of real output and productivity, and to monitor inflation in the services sector.
The data are not seasonally adjusted. This is a monthly index which is disseminated on a quarterly basis. Indexes are available at the Canada level only.
The Office and Other Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index combines the North American Industry Classification System (NAICS) codes 53242 and 53249.
Available on CANSIM: table 332-0005.
Definitions, data sources and methods: survey number 5137.
For more information, or to enquire about the concepts, methods or data quality of this release, contact the Client Services Section (toll-free 1-888-951-4550 or 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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