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Machinery and Equipment Price Index, first quarter 2020

Released: 2020-05-06

The Machinery and Equipment Price Index (2010=100) is now available for the first quarter.

  Note to readers

The Machinery and Equipment Price Index (MEPI) provides quarterly estimates of price changes for machinery and equipment purchased by industries in Canada.

Data are available at the Canada level only.

The conversion of prices received in US dollars is based on the average monthly exchange rate (end of day) established by the Bank of Canada, which is available in table 33-10-0163-01 (formerly CANSIM 176-0081). Quarterly and year-over-year variations in the exchange rate, as described in the release, are calculated according to the indirect quotation of the exchange rate (for example, CAN$1 = US$X).

The contribution of a given sub-aggregate to the composite price change depends on both the price change exhibited by the sub-aggregate and its importance in the basket, as measured by the weight.

With each release, data for the previous two quarters may have been revised. This index is not seasonally adjusted.

Additional series available

With the release of third quarter 2018 data, additional series for the MEPI are now available in tables 18-10-0057-01 and 18-10-0057-02 with a data quality indicator of "E." Users are currently advised to use these indexes with caution.

Products

Statistics Canada has launched the Producer Price Indexes Portal as a 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.

The video "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.

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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