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Machinery and Equipment Price Index, August 2024

Released: 2024-10-28

The Machinery and Equipment Price Index (2016=100) is now available for August.

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  Note to readers

Beginning in October 2024, the Machinery and Equipment Price Index (MEPI) will shift from being reported quarterly to monthly. Tables 18-10-0269-01 and 18-10-0270-01 will be replaced by new tables 18-10-0283-01 and 18-10-0284-01.

Data are available at the national level only.

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 six months may have been revised. The MEPI is not seasonally adjusted.

Products

For a more detailed explanation of the methodology used, please consult the "Technical guide for the Machinery and Equipment Price Index."

Statistics Canada launched the Producer Price Indexes Portal as part of a suite of portals for prices and price indexes. This webpage 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; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).

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