Machinery and Equipment Price Index, fourth quarter 2023

The Machinery and Equipment Price Index (MEPI) provides quarterly estimates of price changes for machinery and equipment purchased by industries in Canada.

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 two quarters may have been revised. The MEPI is not seasonally adjusted.

With the release of the fourth quarter 2020 data, tables 18-10-0057-01, 18-10-0057-02, 18-10-0058-01 and 18-10-0058-02 have been archived and replaced with tables 18-10-0269-01 and 18-10-0270-01 with the 2016=100 basket update.

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.