Passenger Air Services Price Index, 2017
The Passenger Air Services Price Index rose 0.5% in 2017 compared with 2016. This was the first increase since 2013, when the index grew 1.1%. Both domestic (+0.4%) and international (+0.5%) fares increased.
The increase in the index coincided with higher jet fuel prices. According to the Industrial Product Price Index, jet fuel prices grew 9.6% from 2016 to 2017.
Note to readers
The Passenger Air Services Price Index (PASPI) is an annual series measuring the price change for base air fares to provide indications of the overall trend of domestic and international fares over time. The index covers the operations of major Canadian air carriers.
With each release, data for the previous year may have been revised. The indexes are not seasonally adjusted. Data are 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 (), 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? 62F0014M
Infographic: Producer Price Indexes at a Glance
The infographic "Producer Price Indexes at a Glance," which is part of Statistics Canada — Infographics (), demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian economy. 11-627-M
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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