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- Consumer Price Index (77)
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Results
All (222)
All (222) (210 to 220 of 222 results)
- 211. Canada in the age of NAFTA and globalization: An international comparison of economic output and prices, 1980 to 1995 ArchivedArticles and reports: 61-532-X19970013509Description:
With the signing of the North American Free Trade Agreement (NAFTA), Canada forged a partnership with the United States and Mexico that would see it enter an era of trade liberalization hitherto unparalleled on the North American continent. In so doing, Canada became a key player and an integral part of the world's largest economic union.
Release date: 1998-02-02 - 212. Measuring inflation in Australia ArchivedArticles and reports: 62F0014M19970103357Description:
The ABS currently publishes a wide range of separate consumer, producer and international trade price indexes, each relating to a particular segment of economic activity, as well as implicit price deflators and fixed weighted indexes derived from the national accounts. These individual indexes can be considered as partial indicators as they each relate to a particular economic activity. Each index was developed to meet specific requirements and is released in its own separate, specialized publication, with substantial differences in profile. The Consumer Price Index is frequently used as a measure of inflation but it has a number of conceptual shortcomings for such purposes. In recent years, there has been increasing international attention directed towards developing new approaches to the measurement of inflation. The purpose of this paper is to briefly outline the framework and current or future developments in the field of price statistics. The paper concludes that although no studies of bias have been undertaken in the Australian CPI, it is believed that any bias is likely to be small.
Release date: 1997-10-02 - Articles and reports: 62F0014M19970103362Geography: CanadaDescription:
The debate on the measurement of bias in the CPI has been around for decades. However, given the size of government budgetary deficits, the issue of overestimating inflation and therefore payments in social benefits has triggered the interest in the measurement of the CPI bias. The final report of the U.S. Advisory Commission to Study the Consumer Price Index, chaired by Michael Boskin, states that the U.S. CPI has been overestimated by 1.1% per year since 1996. Following the release of the report, many interested groups have asked the question as to the magnitude of the bias for Canada's CPI. This result raised the question whether the bias in the Canadian CPI was of the same magnitude. This paper begins by presenting the bias issue in the context of the Canadian CPI and then outlines some of the plans Statistics Canada intends to undertake in the near future to improve the measurement of the CPI. The paper concludes that, although the Canadian CPI may suffer from the same potential problems as the U.S. CPI, the overall effect of these biases is less notable because Statistics Canada started to apply an appropriate methodology earlier. In fact, in recent studies Crawford (1993 and 1997) tried to estimate an overall bias and concluded that given the generous judgement incorporated in the estimate, it is likely that the bias is, on average smaller than 0.5%.
Release date: 1997-10-02 - Articles and reports: 62F0014M19970103363Geography: CanadaDescription:
The debate over problems in measuring inflation is not new. It has recently been revived by the publication of a report by an Advisory Commission to the U.S. Senate. The Commission, chaired by Michael J. Boskin, found that the U.S. Consumer Price Index (CPI) overestimates inflation by 1.1 percentage points a year. This article shows that the potential bias in the French CPI is on a far lower order of magnitude. It is hard to summarize the changes in a multitude of prices with a single figure. Even in the best-case theoretical scenario - a single consumer faced with a spending decision - the treatment of substitutions between existing products raises important problems. Nevertheless, it is possible to provide a fairly accurate description of the various possible alternatives and the statistical procedures used in France largely shield the country's index from criticism on this point. The introduction of new products creates serious difficulties that have not been entirely resolved in the United States, in France, or elsewhere: "new products" is used here in the broad sense to denote (1) genuinely new products on the market and (2) products already sold elsewhere but introduced in a new sales outlet, replacing existing products or not. The Boskin Commission estimates the upward bias in the U.S. CPI due to new products at 0.6 percentage points per year. The Commission's claim rest on fragile and probably exaggerated estimates. Our conclusion converges with the opinion of several U.S. statisticians.
Release date: 1997-10-02 - 215. The Boskin Report from the United Kingdom ArchivedArticles and reports: 62F0014M19970103364Description:
From a U.K. perspective, the Boskin Report raises no new issues; it simply gives some issues greater prominence. AT the U.K.'s Office for National Statistics, as in other national statistical agencies around the world, a substantial amount of research has been conducted over a number of years into methodology associated with consumer prices indices, and this work is continuing. Our view is that the Retail Prices Index (RPI) presently remains the most accurate single measure of consumer inflation in the U.K. It is produced using the best available methodology following advice from an independent RPI advisory committee. We believe that many of the issues raised in the Boskin Report for the U.S.A. have less in the U.K. This view is also shared by a number of independent commentators. Nevertheless, along with many other countries, we are undertaking further research and analysis to investigate the issues raised.
Release date: 1997-10-02 - Articles and reports: 62F0014M19970103365Geography: CanadaDescription:
The final report of the Boskin Commission (after its chair Michael Baskin) arrived like a huge boulder dropped into a quiet pool of water. It made an enormous splash in the U.S. and the tidal waves and ripples have spread out all over the world. But eight months after the report's December 1996 publication, the centre of the pool where the boulder landed has become almost completely still. This paper presents some of the reasons why no opportunities were grasped following the publication of the report. The paper concludes that one missed opportunity is the creation of a more unified economic statistical system. Although Statistics USA is not going anywhere, there is still hope for the future.
Release date: 1997-10-02 - 217. Bias in the CPI: Experiences from Five OECD Countries ArchivedArticles and reports: 62F0014M1997010Geography: CanadaDescription:
The debate on the measurement bias in the Consumer Price Index (CPI) arising from the U.S. "Advisory Commission to Study the Consumer Price Index", better known as the Boskin report, is not new and has been around for a number of decades. However, several circumstances made the current debate special.
This publication, Bias in the CPI: experiences from five OECD countries, presents the experience and point of view of five different countries relative to the measurement bias in the CPI. While most statistical agencies recognise that their CPIs are not perfect measures of inflation, some agencies of the Organisation for Economic Co-operation and Development (OECD) countries have consistently developed research agendas designed to improve its measurement.
Release date: 1997-10-02 - Articles and reports: 62F0014M1996001Geography: CanadaDescription:
For decades, Canadians have been living in an inflationary environment. Everyone remembers that at some point in the past, consumer goods and services cost less. Even young people know that a candy bar cost less five or ten years ago than it does now. Thus the purchasing power of the Canadian dollar has gradually declined over the years.
Even though everyone knows that things cost more now than in the past, there are situations in which this seems to be forgotten. The purpose of this article is to present a situation that shows the illusion of wealth that fairly long-term inflation can foster. We begin by looking at how inflation and income tax affect a retired person's interest income for a given year. Then we look at the effects of inflation and income tax on interest income over a longer period. When taxation is not factored in, the situation is one of investing inside a registered retirement savings plan.
Release date: 1997-05-05 - Articles and reports: 62F0014M1996002Geography: CanadaDescription:
Price indexes are an essential tool for the analysis of real output in the construction industry and for relative performance and productivity measures. They provide a succinct picture of the past and a useful framework for forecasting future developments. Government requires such price indexes as part of the information used in the development of its policies including support programs to provincial governments. These indexes are also used in construction contracts to adjust for cost fluctuations and inflation. It is however, a difficult task to obtain satisfactory indexes reflecting 'pure' price changes for construction. The units built are nonstandard and heterogeneous with large variations in quality, size, design and construction techniques. Consequently, there are many different types of indexes developed from information recorded in the construction industry.
This paper summarizes the various ways in which construction price indexes can be compiled, and examines and compares the performance of some of the indexes currently produced at Statistics Canada. It is hoped that the comparisons would permit an assessment of the various types of construction indexes examined for specific applications.
Release date: 1997-05-05 - 220. Productivity Adjustment in Construction Price Indexes ArchivedArticles and reports: 62F0014M1996003Geography: CanadaDescription:
Productivity analysis is one of the major foundations of the analysis of long-term economic growth. It is important to study productivity in order to identify the factors that contribute to it and to explore the relationship that exists between productivity, growth and international competitiveness.
Statistics Canada produces partial productivity indexes for some 30 industries and the business sector of the economy on an annual basis. However, little is known about the real output, productivity, and price trends in the construction industry. Four opportunities for productivity research in the construction industry are evident, (a) investigation of the available productivity measures, (b) alternative approaches to the implicit methods currently used in the compilation of output price indexes, (c) estimation of productivity within particular sectors of the construction industry, and (d) comparison of productivity on an interprovincial or international basis.
In this paper we will focus on the first two of the four alternatives and will give examples of the last two. In particular, by formalizing the adjustments that are made to the input factors used in the development of output indexes, we contend that the result will be more impartial and enduring. Generally, our goal is to investigate and promote measures that will be available and attractive to the construction industry as it begins to demand more electronic information. The purpose is to derive, eventually, some new productivity estimates based upon the best available statistics.
Release date: 1997-05-05
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Stats in brief (66)
Stats in brief (66) (60 to 70 of 66 results)
- 61. Study: Net worth of the household sector: A Canada–United States comparison 1970 to 2012 ArchivedStats in brief: 11-001-X201423210364Description: Release published in The Daily – Statistics Canada’s official release bulletinRelease date: 2014-08-20
- Stats in brief: 11-001-X201417710101Description: Release published in The Daily – Statistics Canada’s official release bulletinRelease date: 2014-06-26
- Stats in brief: 11-001-X20140629581Description: Release published in The Daily – Statistics Canada’s official release bulletinRelease date: 2014-03-03
- 64. Purchasing Power Parities and Real Expenditures, United States and Canada, 1992 to 2005 ArchivedStats in brief: 13-604-M2007053Description:
The latest annual results for the US/Canada purchasing power parities (PPPs) and real expenditure indexes in the US compared with Canada are published in this paper for the period 1992 to 2005. Revisions to previously published data and an update using the latest US and Canada expenditure data from the National Accounts and in-depth price comparisons for 2002 are incorporated, and a new type-of-product presentation is included. The paper provides a primer on purchasing power parities and related measures and why they are important in international comparisons of economic performance.
Release date: 2007-02-12 - 65. Purchasing Power Parities and Real Expenditures: United States/Canada - Updates, 1992-2001 ArchivedStats in brief: 13-604-M2002039Description:
The latest annual results for the US/Canada purchasing power parities (PPPs) and real expenditures per head in the US compared with Canada are published in this paper. The data were developed for the period 1992 to 2001, using the latest US and Canada expenditure data from the National Accounts and price comparisons for 1999. The paper contains summaries of differences between the results of the multilateral (OECD) study and the Statistics Canada bilateral study. Some differences in classifications have been incorporated, as well as normal national Accounts revisions. Ten tables are presented in an Appendix for 21 categories of expenditure for the GDP.
Release date: 2002-06-28 - 66. Purchasing Power Parities and Real Expenditures, United States and Canada - An Update to 1998 ArchivedStats in brief: 13-604-M1999036Description:
Recent economic trends, including expanding globalization of trade (as evidenced by new trade agreements), volatility in market exchange rates, and greater interest in international comparisons of real income and productivity are generating increased interest in intercountry comparisons. These comparisons are made in real terms derived from purchasing power parities (PPPs). In Canada, a particularly important relationship with the United States focusses attention on US/Canada comparative price and volume measures. This article includes updated annual bilateral volume indexes of real gross domestic product (GDP) per capita and its components for the United States, compared with Canada, and the associated PPPs.
Release date: 1999-11-30
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Articles and reports (152)
Articles and reports (152) (0 to 10 of 152 results)
- Articles and reports: 36-28-0001202400500005Description: Headline inflation in Canada reached a 40-year high in 2022. Rising prices reduced the purchasing power of people whose incomes were not keeping pace with inflation and the current high inflation in Canada, as well as in many other countries, may be caused by both demand and supply factors. This article examines whether the current high inflation in Canada is demand–pull or supply–push.Release date: 2024-05-22
- Articles and reports: 62F0014M2024003Description: This technical paper describes the collection of food price data and the methodologies that are used to provide Canadians with accurate and timely food inflation data in both the CPI and the monthly average retail prices table.Release date: 2024-05-21
- Articles and reports: 62F0014M2024002Description: In collaboration with the Bank of Canada, this research paper focuses on constructing analytical price index series for Canada, using the main owned accommodation measurement concepts proposed by the International Consumer Price Index Manual and adopted by other countries. This analysis explores these alternative treatments of owned accommodation in the Canadian context, examining their impact on the all-items Consumer Price Index. Additionally, it provides an explanation for the gap between perceived inflation and estimated inflation.Release date: 2024-03-28
- Articles and reports: 62F0014M2023008Description: An interactive timeline of the modernization of the CPI and related programs with dates, links, and summary of key developments.Release date: 2024-02-20
- Articles and reports: 62F0014M2023007Description: This article is an overview of the treatment of Shelter in the Canadian Consumer Price Index (CPI). It describes the concepts and methodologies related to the construction of that component and briefly discusses considerations to be taken into account when using the estimates.Release date: 2023-12-19
- Articles and reports: 62F0014M2023006Description: This article presents the data sources and methodology for the Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index (CIMERLSPI). The index measures changes in the prices for the commercial and industrial machinery and equipment rental and leasing industry in Canada. It is used by businesses to monitor trends in this sector and to assess their performance. At Statistics Canada, the CIMERLSPI is used by the System of Macroeconomic Accounts to derive the real production value of the commercial and industrial machinery and equipment rental and leasing industry.Release date: 2023-10-13
- Articles and reports: 62F0014M2023005Description: This article presents data sources and methodology for the For-hire Motor Carrier Freight Services Price Index (FHMCFSPI). The FHMCFSPI measures the monthly and quarterly change in the price of shipping services provided by trucking companies in Canada. The index is an important indicator of economic activity within the truck transportation industry, as well as a tool that can be utilized by the industry for cost monitoring, contract assessment and benchmark comparisons.Release date: 2023-08-31
- Articles and reports: 62F0014M2023004Description: This paper looks at how profitability has evolved for key Canadian industries from 2017 to 2022. A specific focus is given to the post-lockdown period between the second quarters of 2021 and 2022, during which year-over-year inflation exceeded the Bank of Canada’s inflation-control target range ceiling of 3%. In addition to industry-wide trends, energy and food sectors are analyzed given their day-to-day relevance for Canadians.Release date: 2023-07-27
- Articles and reports: 36-28-0001202300700005Description: Increases in grocery prices have outpaced headline consumer inflation since late 2021. While the pace of food inflation has eased recently, prices for many grocery items continue to rise month after month. This article examines data from recent business and household surveys on how Canadians have been adjusting to higher food prices.Release date: 2023-07-26
- Articles and reports: 36-28-0001202300600001Description: The Canadian Economic Tracker, released on May 16th 2023, is a new data visualization tool combining selected monthly indicators of economic activity from Statistics Canada’s Common Output Database Repository (CODR) into a unified, customizable interface. The Tracker includes six indicators: business openings and closures, employment and weekly earnings, job vacancies and vacancy rates, gross domestic product, the consumer price index, and the industrial product price index. Each data release for these series is automatically incorporated into the Tracker, ensuring that the statistics remain timely and up to date. This article is the first in a series which will uncover insights that can be collected from the Canadian Economic Tracker.Release date: 2023-06-28
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Journals and periodicals (4)
Journals and periodicals (4) ((4 results))
- Journals and periodicals: 62F0014MGeography: CanadaDescription: The Prices Analytical Series provides research and analysis pertaining to price indices. The Analytical series is intended to stimulate discussion on a variety of topics related to the analysis of the evolution of prices through time or space.Release date: 2024-05-21
- Journals and periodicals: 62-604-XDescription:
This paper surveys the history of Statistics Canada's Consumer Price Index (CPI) from its origins to today. It discusses changes in the construction, scope and uses of the CPI within the context of historical events.
Release date: 2015-02-06 - Journals and periodicals: 11-402-XGeography: CanadaDescription:
Presented in almanac style, the 2012 Canada Year Book contains more than 500 pages of tables, charts and succinct analytical articles on every major area of Statistics Canada's expertise. The Canada Year Book is the premier reference on the social and economic life of Canada and its citizens.
Release date: 2012-12-24 - 4. Canada E-Book ArchivedJournals and periodicals: 11-404-XGeography: CanadaDescription:
The Canada e-Book is an online version of the Canada Year Book with texts, tables, charts and audio clips that present the country's economic and social trends. The Canada e-Book illustrates Canada and Canadians under four broad headings: The Land, The People, The Economy, and The State. You will find a wealth of information on topics including the human imprint on the environment, population and demography, health, education, household and family life, labour force, arts and leisure, industries, finance, government and justice. All Canadians will enjoy this useful reference that helps explain the social, economic and cultural forces that shape our nation.
Release date: 2003-05-26
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