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Consulting Services Price Index, second
quarter 2016
Released at 8:30 a.m. Eastern time in The Daily, Friday, October 28, 2016
The Consulting Services Price Index (COSPI) was unchanged in the second quarter, following a decline of 1.2% in
the previous quarter.
The price index for management consulting services, the largest component of the overall COSPI, showed no
change in the second quarter, while the price index for environmental, scientific and technical consulting services
declined 0.2%.
Year-over-year change
Year over year, the aggregate COSPI increased 3.0%, as a result of higher prices for both management consulting
services (+2.8%) and environmental, scientific and technical consulting services (+3.9%).
Chart 1
Consulting Services Price Index
index (2014=100)
106
104
102
100
98
96
94
I
II
III
2014
Source(s): CANSIM table 332-0023.
IV
I
II
III
2015
IV
I
II
2016
The Daily, Friday, October 28, 2016
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 (11-627-M), is available. This
infographic demonstrates how producer price indexes for goods and services are calculated and why they are important for the Canadian
economy.
Table 1
Consulting Services Price Index
Relative
importance1
Second quarter
2015r
%
Consulting Services Price Index
Management consulting services
Environmental, scientific and
technical consulting services2
First quarter
2016r
Second quarter
2016p
(2014=100)
First quarter to
second quarter
2016
Second quarter
2015 to second
quarter 2016
% change
100.00
84.61
97.3
96.8
100.2
99.5
100.2
99.5
0.0
0.0
3.0
2.8
15.36
100.2
104.3
104.1
-0.2
3.9
r
p
revised
preliminary
1. The relative importance is calculated by dividing the weight of each industry group by the sum of weights. This weight corresponds to the aggregate revenue of
establishments at the time of sample selection.
2. This aggregation combines the North American Industry Classification System codes 541620 and 541690.
Source(s): CANSIM table 332-0023.
Available in CANSIM: table 332-0023.
Definitions, data sources and methods: survey number 5194.
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; [email protected]) or Media
Relations (613-951-4636; [email protected]).
2
Component of Statistics Canada catalogue no. 11-001-X