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Couriers and Messengers Services Price Index, May 2020

Released: 2020-06-30

The Couriers and Messengers Services Price Index (2003=100) is now available for May.

The COVID-19 pandemic has significantly impacted and continues to impact many Canadian industries. To provide data users with some insight regarding price movements in selected industries, Statistics Canada is conducting a series of COVID-19 impact analyses.

Each impact analysis focuses on the response of a specific industry during past economic recessions and provides the outlook of the price index trend for the year 2020. As part of the analysis, Statistics Canada is releasing projected estimates for a series of price indexes. These projected estimates will be revised when each price index is officially released in the future.

Our second release in this new series is on the Couriers and Messengers industry: "COVID-19 Impact Analysis and 2020 Outlook: Couriers and Messengers Services Price Index."

As part of the study, Statistics Canada is releasing projected estimates for a series of price indexes for 2020. Because projected estimates are calculated using proxy data combined with historical industry behavioural analysis, these values should be used with caution.

Next planned release will cover the outlook of price trends in the for-hire trucking industry.

  Note to readers

The Couriers and Messengers Services Price Index (CMSPI) is a monthly index that measures the price changes for courier and messenger services provided by long- and short-distance delivery companies to Canadian-based business clients.

Data are available at the Canada level only.

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

Products

Statistics Canada has launched the Producer price indexes portal as part of a suite of portals for prices and price indexes. This webpage provides Canadians 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 produced, 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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