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Commercial Rents Services Price Index, first quarter 2018

Released: 2018-07-05

The Commercial Rents Services Price Index rose 0.7% in the first quarter, following a 0.6% increase the previous quarter. The gain was attributable to higher average rents for all sectors, namely industrial, retail and office buildings.

Year-over-year change

The index was up 2.0% in the first quarter compared with the same quarter in 2017.

Chart 1  Chart 1: Commercial Rents Services Price Index
Commercial Rents Services Price Index

  Note to readers

The Commercial Rents Services Price Index (CRSPI) is a monthly index, which is disseminated on a quarterly basis. Prices collected are average rents measured in price per square foot for a sample of commercial buildings.

With each release, data for the previous quarter may be revised. The series is also subject to an annual revision with the release of second quarter data for the following reference year.

The CRSPI is not seasonally adjusted and is available at the Canada level only.

A Historical Timeline of Canadian Producer Price Statistics

"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), is available. This infographic 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; or Media Relations (613-951-4636;

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