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Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index, fourth quarter 2017

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Released: 2018-04-27

The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index was unchanged in the fourth quarter, following a 0.2% decline in the third quarter.

Lower rental prices of construction, transportation, mining and forestry machinery and equipment (-0.1%) were offset by an increase in rental prices of office and other commercial and industrial machinery and equipment.

Chart 1  Chart 1: Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index
Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index

Year-over-year change

The index fell 0.1% in the fourth quarter compared with the same quarter in 2016.

The decrease was driven by lower rental prices of construction, transportation, mining and forestry machinery and equipment (-0.8%). Office and other commercial and industrial machinery and equipment rental prices rose 2.0%, moderating the annual decline.


  Note to readers

The Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index (CIMERLSPI) measures price changes of rental and leasing activities for the commercial and industrial machinery and equipment industry.

Data are available at the Canada level only.

With each release, data for the previous quarter may have been revised. The series 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 CIMERLSPI combines the North American Industry Classification System codes 53242 and 53249.

A Historical Timeline of Canadian Producer Price Statistics

The publication "A Historical Timeline of Canadian Producer Price Statistics," which is 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? What do Canadian producer price indexes measure?

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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