Released: 2017-01-30

Consulting Services Price Index

Third quarter 2016

-0.1%

(quarterly change)

The Consulting Services Price Index (COSPI) decreased 0.1% in the third quarter, following a 0.1% gain the previous quarter.

The price index for management consulting services, the largest component of the COSPI, declined by 0.4%, while the price index for environmental, scientific and technical consulting services rose 1.0%.

Year-over-year change

Year over year, the aggregate COSPI increased 3.7% as a result of higher prices for both management consulting services (+3.1%) and environmental, scientific and technical consulting services (+6.4%).


Note to readers

The Consulting Services Price Index is a quarterly survey that collects information on the prices of various types of consulting services, such as management, environmental, scientific and technical consulting services.

With each release, data for the previous quarter may have been revised. Data are also subject to an annual revision with the release of second quarter data of the following reference year. The index is not seasonally adjusted. Data are available at the Canada level only.

Infographic: Producer Price Indexes at a Glance

The infographic, 'Producer Price Indexes at a Glance,' which is part of Statistics Canada - Infographics (Catalogue number11-627-M), demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian economy.

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).

Statistics Canada published this content on 30 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 January 2017 13:39:03 UTC.

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