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Commercial Rents Services Price Index, first quarter 2019

Released: 2019-07-04

The Commercial Rents Services Price Index decreased 0.2% in the first quarter, following an increase of 0.4% in the fourth quarter of 2018. The decrease was due to lower average rental prices for the retail buildings surveyed.

Year-over-year change

The index was up 0.9% in the first quarter compared with the same quarter in 2018.

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 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.

Products

A video entitled "Producer Price Indexes" is available on the Statistics Canada Training Institute webpage. It provides an introduction to Statistics Canada's Producer Price Indexes—what they are, how they are made and what they are used for.

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), 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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