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Consulting Services Price Index, second quarter 2017

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Released: 2017-10-27

Consulting Services Price Index

Second quarter 2017

0.6% increase

(quarterly change)

The Consulting Services Price Index (COSPI) increased 0.6% in the second quarter, following a 0.9% decline in the first quarter.

Prices for management consulting services, the largest component of the COSPI, increased 0.7% in the second quarter, following a decline of 0.3% in the first quarter. The price index for environmental, scientific and technical consulting services rose by 0.1%.

Year-over-year change

Year over year, the aggregate COSPI rose 3.3% as a result of higher prices for management consulting services (+4.3%), which more than offset a decline in prices for environmental, scientific and technical consulting services (-1.3%).

Chart 1  Chart 1: Consulting Services Price Index
Consulting Services Price Index


  Note to readers

The Consulting Services Price Index is a quarterly survey that collects information on the prices of various types of consulting services, such as management, environmental, scientific and technical consulting services.

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. Data are available at the Canada level only.

With this release, the basket of services for which prices are collected was updated to reflect their relative importance in 2016.

Infographic: Producer Price Indexes at a Glance

The infographic, "Producer Price Indexes at a Glance," which is 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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