Logo StatCan COVID-19: Data to Insights for a Better Canada COVID-19 Impact Analysis and 2020 Outlook: Couriers and Messengers Services Price Index

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Highlights
  • CMSPI’s movements are cyclical and significantly impacted by fuel prices.
  • In 2020 the CMSPI is expected to decrease until mid-year followed by modest increases towards the year-end.

The Couriers and Messengers Services Price Index (CMSPI) measures the price movements of services provided by Couriers and Messengers for long and short distance deliveries to Canadian-based business.

CMSPI’s movements are cyclical but show a lag to economic upturns and downturns, as fuel price changes significantly impact the price movements. Fuel prices are the main drivers behind these movements.

Chart 1 Couriers and Messengers Service Price Index (CMSPI)

Data table for Chart 1 
Data table for Chart 1
Table summary
This table displays the results of Data table for Chart 1 CMSPI Index and CMSPI Year-over-Year change (%), calculated using percentage change and index (2003=100) units of measure (appearing as column headers).
CMSPI Index CMSPI Year-over-Year change (%)
index (2003=100) percentage change
2008
January 134.8 10.0
February 135.0 9.8
March 135.0 10.5
April 136.5 10.6
May 139.8 12.1
June 142.7 13.6
July 145.5 15.8
August 147.0 17.1
September 146.6 16.9
October 143.9 14.9
November 142.4 13.2
December 135.7 7.5
2009
January 139.8 3.7
February 134.9 -0.1
March 136.7 1.3
April 136.0 -0.4
May 136.2 -2.6
June 137.3 -3.8
July 139.1 -4.4
August 140.1 -4.7
September 139.9 -4.6
October 140.5 -2.4
November 139.6 -2.0
December 141.0 3.9
2010
January 140.9 0.8
February 140.9 4.4
March 141.5 3.5
April 141.7 4.2
May 143.1 5.1
June 143.8 4.7
July 142.7 2.6
August 142.6 1.8
September 142.8 2.1
October 143.0 1.8
November 143.4 2.7
December 144.6 2.6
2011
January 150.7 7.0
February 151.9 7.8
March 152.8 8.0
April 154.8 9.2
May 157.0 9.7
June 158.5 10.2
July 157.2 10.2
August 156.9 10.0
September 156.3 9.5
October 155.9 9.0
November 155.8 8.6
December 155.1 7.3
2012
January 160.7 6.6
February 160.0 5.3
March 161.3 5.6
April 162.3 4.8
May 163.3 4.0
June 162.9 2.8
July 161.3 2.6
August 160.1 2.0
September 161.2 3.1
October 162.0 3.9
November 162.0 4.0
December 160.9 3.7
2013
January 164.6 2.4
February 164.3 2.7
March 165.7 2.7
April 167.1 3.0
May 166.1 1.7
June 165.6 1.7
July 165.9 2.9
August 166.2 3.8
September 166.9 3.5
October 167.1 3.1
November 165.8 2.3
December 165.5 2.9
2014
January 168.3 2.2
February 169.5 3.2
March 171.9 3.7
April 176.2 5.4
May 176.5 6.3
June 176.9 6.8
July 176.9 6.6
August 176.8 6.4
September 176.5 5.8
October 176.1 5.4
November 174.7 5.4
December 172.6 4.3
2015
January 178.4 6.0
February 175.7 3.7
March 172.0 0.1
April 174.5 -1.0
May 174.0 -1.4
June 174.1 -1.6
July 175.0 -1.1
August 175.4 -0.8
September 174.7 -1.0
October 173.7 -1.4
November 173.7 -0.6
December 174.1 0.9
2016
January 180.0 0.9
February 178.5 1.6
March 177.3 3.1
April 176.9 1.4
May 178.8 2.8
June 178.9 2.8
July 180.4 3.1
August 180.7 3.0
September 179.8 2.9
October 180.0 3.6
November 180.7 4.0
December 181.5 4.3
2017
January 188.1 4.5
February 191.0 7.0
March 195.3 10.2
April 195.4 10.5
May 195.6 9.4
June 195.6 9.3
July 194.8 8.0
August 194.0 7.4
September 192.7 7.2
October 195.8 8.8
November 196.9 9.0
December 198.6 9.4
2018
January 201.8 7.3
February 203.3 6.4
March 204.0 4.5
April 204.1 4.5
May 204.9 4.8
June 205.9 5.3
July 206.4 6.0
August 206.4 6.4
September 206.0 6.9
October 206.5 5.5
November 206.9 5.1
December 206.3 3.9
2019
January 209.0 3.6
February 209.1 2.9
March 209.1 2.5
April 210.6 3.2
May 212.5 3.7
June 213.4 3.6
July 212.3 2.9
August 210.2 1.8
September 210.5 2.2
October 210.6 2.0
November 211.8 2.4
December 212.8 3.2
2020
January 217.9 4.3
February 217.1 3.8
March 215.7 3.2
April 210.4 -0.1

In 2020, the Postal services and Couriers and Messengers real GDP is projected to expand due to the increase in demand for home deliveries during the COVID-19 outbreak (e.g. +10% to +25% growth in B.C. according to the Business Council of British Columbia, March 27, 2020 estimates).

Chart 2 CMSPI Index (L)and YY% (R) vs IPPI Diesel YY% (R)

Data table for Chart 2 
Data table for Chart 2
Table summary
This table displays the results of Data table for Chart 2 CMSPI Index, CMSPI Year-over-Year change (%) and IPPI Diesel Year-over-Year change (%), calculated using index (2003=100) and percentage change units of measure (appearing as column headers).
CMSPI Index CMSPI Year-over-Year change (%) IPPI Diesel Year-over-Year change (%)
index (2003=100) percentage change
2008
January 134.8 10.0 26.2
February 135.0 9.8 25.4
March 135.0 10.5 35.2
April 136.5 10.6 42.5
May 139.8 12.1 58.7
June 142.7 13.6 68.9
July 145.5 15.8 68.0
August 147.0 17.1 50.6
September 146.6 16.9 39.5
October 143.9 14.9 27.3
November 142.4 13.2 0.9
December 135.7 7.5 -20.8
2009
January 139.8 3.7 -23.2
February 134.9 -0.1 -31.9
March 136.7 1.3 -42.1
April 136.0 -0.4 -44.0
May 136.2 -2.6 -49.2
June 137.3 -3.8 -45.3
July 139.1 -4.4 -48.4
August 140.1 -4.7 -38.6
September 139.9 -4.6 -38.0
October 140.5 -2.4 -29.8
November 139.6 -2.0 -14.2
December 141.0 3.9 2.4
2010
January 140.9 0.8 9.1
February 140.9 4.4 17.6
March 141.5 3.5 25.0
April 141.7 4.2 22.3
May 143.1 5.1 20.8
June 143.8 4.7 5.4
July 142.7 2.6 8.6
August 142.6 1.8 3.8
September 142.8 2.1 10.8
October 143.0 1.8 10.5
November 143.4 2.7 10.1
December 144.6 2.6 18.1
2011
January 150.7 7.0 19.4
February 151.9 7.8 28.4
March 152.8 8.0 35.9
April 154.8 9.2 37.1
May 157.0 9.7 35.0
June 158.5 10.2 37.4
July 157.2 10.2 40.9
August 156.9 10.0 34.7
September 156.3 9.5 32.9
October 155.9 9.0 32.3
November 155.8 8.6 32.4
December 155.1 7.3 20.6
2012
January 160.7 6.6 18.0
February 160.0 5.3 14.8
March 161.3 5.6 7.2
April 162.3 4.8 3.2
May 163.3 4.0 4.3
June 162.9 2.8 -3.9
July 161.3 2.6 -2.5
August 160.1 2.0 3.5
September 161.2 3.1 6.5
October 162.0 3.9 2.3
November 162.0 4.0 -5.4
December 160.9 3.7 1.7
2013
January 164.6 2.4 1.8
February 164.3 2.7 6.9
March 165.7 2.7 1.0
April 167.1 3.0 -3.1
May 166.1 1.7 -0.8
June 165.6 1.7 8.1
July 165.9 2.9 8.3
August 166.2 3.8 5.1
September 166.9 3.5 2.7
October 167.1 3.1 3.8
November 165.8 2.3 6.0
December 165.5 2.9 8.4
2014
January 168.3 2.2 10.0
February 169.5 3.2 8.2
March 171.9 3.7 9.6
April 176.2 5.4 13.0
May 176.5 6.3 11.0
June 176.9 6.8 7.2
July 176.9 6.6 0.9
August 176.8 6.4 -0.6
September 176.5 5.8 -4.5
October 176.1 5.4 -8.7
November 174.7 5.4 -4.1
December 172.6 4.3 -17.4
2015
January 178.4 6.0 -29.9
February 175.7 3.7 -26.0
March 172.0 0.1 -24.3
April 174.5 -1.0 -28.8
May 174.0 -1.4 -23.7
June 174.1 -1.6 -23.3
July 175.0 -1.1 -23.7
August 175.4 -0.8 -27.7
September 174.7 -1.0 -24.9
October 173.7 -1.4 -20.4
November 173.7 -0.6 -22.5
December 174.1 0.9 -21.6
2016
January 180.0 0.9 -20.1
February 178.5 1.6 -26.9
March 177.3 3.1 -23.6
April 176.9 1.4 -18.4
May 178.8 2.8 -15.1
June 178.9 2.8 -8.6
July 180.4 3.1 -8.9
August 180.7 3.0 -5.4
September 179.8 2.9 -6.0
October 180.0 3.6 -0.9
November 180.7 4.0 -2.0
December 181.5 4.3 12.7
2017
January 188.1 4.5 27.3
February 191.0 7.0 26.2
March 195.3 10.2 20.2
April 195.4 10.5 24.7
May 195.6 9.4 9.1
June 195.6 9.3 -2.8
July 194.8 8.0 2.9
August 194.0 7.4 8.8
September 192.7 7.2 12.9
October 195.8 8.8 9.7
November 196.9 9.0 18.4
December 198.6 9.4 13.6
2018
January 201.8 7.3 17.3
February 203.3 6.4 14.3
March 204.0 4.5 16.2
April 204.1 4.5 19.2
May 204.9 4.8 33.1
June 205.9 5.3 39.8
July 206.4 6.0 36.0
August 206.4 6.4 29.1
September 206.0 6.9 26.5
October 206.5 5.5 24.9
November 206.9 5.1 9.5
December 206.3 3.9 -1.0
2019
January 209.0 3.6 -7.5
February 209.1 2.9 -1.0
March 209.1 2.5 3.0
April 210.6 3.2 -0.2
May 212.5 3.7 -5.3
June 213.4 3.6 -13.1
July 212.3 2.9 -10.8
August 210.2 1.8 -11.6
September 210.5 2.2 -10.9
October 210.6 2.0 -10.5
November 211.8 2.4 -3.0
December 212.8 3.2 7.7
2020
January 217.9 4.3 4.4
February 217.1 3.8 -9.5
March 215.7 3.2 -30.8
April 210.4 -0.1 -47.9

However, the CMSPI may follow a different trend than the industry output. With no expected annual increases in base prices for 2020, as couriers and messengers typically increase the base prices in January and February, fuel prices are expected to drive the CMSPI movement in 2020.

From May onwards, the index is expected to decrease year-over-year (-0.9% to -3.7%). Month-over-month, the index is expected to decrease until August and increase (+0.7% to +1.8%) up to December.

Chart 3 Couriers and Messengers Price Index (CMSPI): Outlook based on Fuel Surcharges

Data table for Chart 3 
Data table for Chart 3
Table summary
This table displays the results of Data table for Chart 3 CMSPI, CMSPI-Outlook (1), CMSPI Year-over-Year change (%) and CMSPI Month-over-Month change (%), calculated using index (2003=100) and percentage change units of measure (appearing as column headers).
CMSPI CMSPI-Outlook (1) CMSPI Year-over-Year change (%) CMSPI Month-over-Month change (%)
index (2003=100) percentage change
2018
January 201.8 Note ..: not available for a specific reference period 7.3 1.6
February 203.3 Note ..: not available for a specific reference period 6.4 0.7
March 204.0 Note ..: not available for a specific reference period 4.5 0.3
April 204.1 Note ..: not available for a specific reference period 4.5 0.0
May 204.9 Note ..: not available for a specific reference period 4.8 0.4
June 205.9 Note ..: not available for a specific reference period 5.3 0.5
July 206.4 Note ..: not available for a specific reference period 6.0 0.2
August 206.4 Note ..: not available for a specific reference period 6.4 0.0
September 206.0 Note ..: not available for a specific reference period 6.9 -0.2
October 206.5 Note ..: not available for a specific reference period 5.5 0.2
November 206.9 Note ..: not available for a specific reference period 5.1 0.2
December 206.3 Note ..: not available for a specific reference period 3.9 -0.3
2019
January 209.0 Note ..: not available for a specific reference period 3.6 1.3
February 209.1 Note ..: not available for a specific reference period 2.9 0.0
March 209.1 Note ..: not available for a specific reference period 2.5 0.0
April 210.6 Note ..: not available for a specific reference period 3.2 0.7
May 212.5 Note ..: not available for a specific reference period 3.7 0.9
June 213.4 Note ..: not available for a specific reference period 3.6 0.4
July 212.3 Note ..: not available for a specific reference period 2.9 -0.5
August 210.2 Note ..: not available for a specific reference period 1.8 -1.0
September 210.5 Note ..: not available for a specific reference period 2.2 0.1
October 210.6 Note ..: not available for a specific reference period 2.0 0.0
November 211.8 Note ..: not available for a specific reference period 2.4 0.6
December 212.8 Note ..: not available for a specific reference period 3.2 0.5
2020
January 217.9 Note ..: not available for a specific reference period 4.3 2.4
February 217.1 Note ..: not available for a specific reference period 3.8 -0.4
March 215.7 Note ..: not available for a specific reference period 3.2 -0.6
April 210.4 210.4 -0.1 -2.5
May Note ..: not available for a specific reference period 208.5 -2.2 -1.2
June Note ..: not available for a specific reference period 206.1 -3.4 -0.2
July Note ..: not available for a specific reference period 204.5 -3.7 -0.4
August Note ..: not available for a specific reference period 202.5 -3.7 -0.5
September Note ..: not available for a specific reference period 204.0 -3.1 0.7
October Note ..: not available for a specific reference period 204.9 -2.7 1.1
November Note ..: not available for a specific reference period 208.2 -1.7 1.0
December Note ..: not available for a specific reference period 211.0 -0.9 1.8
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