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Freight Rail Services Price Index, January 2020

Released: 2020-02-26

The Freight Rail Services Price Index (FRSPI) decreased 0.2% in January, following a 0.2% decline in December 2019.

Four commodity groups decreased, while the intermodal commodity price index was unchanged. The petroleum and chemicals commodity price index (-0.5%) was the largest contributor to the monthly decrease in the FRSPI.

Year-over-year change

The FRSPI rose 1.1% in January from the same month in 2019.

Chart 1  Chart 1: Freight Rail Services Price Index
Freight Rail Services Price Index

  Note to readers

Today Statistics Canada is introducing the Freight Rail Services Price Index (FRSPI) that can be used to track price changes of the Canadian freight rail industry. Data is available starting from January 2018.

The FRSPI is a monthly index that measures the price changes for delivering a carload of a certain commodity and of a specific weight, on a specific distance (specific origin and destination) and under certain terms of shipment.

Data are available at the Canada level only and for certain commodities.

With each release, data for the previous month may have been revised. The index is not seasonally adjusted.

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 compiled and what they are used for.

Statistics Canada has launched the Producer Price Indexes Portal as part of a suite of portals for prices and price indexes. This web page provides users with a single point of access to a wide variety of statistics and measures related to producer prices.

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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