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Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index, third quarter 2014

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Released: 2015-01-22

The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index rose 0.2% in the third quarter. Rental and leasing prices have increased in each of the first three quarters of 2014.

The heavy machinery and equipment (construction, transportation, mining and forestry) component increased 0.4% while the office and other commercial and industrial machinery and equipment rental and leasing component declined 0.4%.

Chart 1  Chart 1: Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index - Description and data table
Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index

Chart 1: Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index - Description and data table

The index was up 1.4% in the third quarter compared with the same quarter of 2013.

  Note to readers

This price index measures price changes of rental and leasing activities for the commercial and industrial machinery and equipment industry at the national level.

With each release, data for the previous quarter may have been revised. Data are also subject to an annual revision with the release of second quarter data of the following reference year. The index is not seasonally adjusted.

The Office and Other Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index combines the North American Industry Classification System codes 53242 and 53249.

The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index for the fourth quarter of 2014 will be released in April 2015.

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 (613-951-4636; statcan.mediahotline-ligneinfomedias.statcan@canada.ca).

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