Canada machinery and equipment price index shifts to monthly August release
Canada's Machinery and Equipment Price Index for August is now available as part of the country's newer monthly publication schedule. The dataset is released at the national level only, and Statistics Canada says figures for the previous six months may be revised with each update.
Highlights
- Statistics Canada has transitioned the Machinery and Equipment Price Index to a monthly release schedule as of October 2024, with August data now available.
- New tables 18-10-0283-01 and 18-10-0284-01 have replaced the previous quarterly versions, maintaining national-only data coverage.
- The index remains non-seasonally adjusted, with potential revisions for the previous six months at each publication, affecting comparability and short-term trend analysis.
Monthly publication framework and data coverage
As reported by Statistics Canada, the Machinery and Equipment Price Index, based on 2016=100, is now available for August under the agency's monthly reporting format.Since October 2024, the index has shifted from quarterly to monthly publication. Tables 18-10-0269-01 and 18-10-0270-01 have been replaced by tables 18-10-0283-01 and 18-10-0284-01, while the data continue to be available only at the national level.
Methodology and revision policy for industry users
The agency says the contribution of each sub-aggregate to the composite price change depends on both the price movement of that sub-aggregate and its weight in the basket.Statistics Canada also notes that the index is not seasonally adjusted and that data for the previous six months may be revised with each release. Users seeking more detail on compilation methods are directed to the Technical guide for the Machinery and Equipment Price Index.
Our earlier article on Malaysia’s Budget 2027 spending outlook explained that federal allocations rose to RM459.8 billion, up 9.7% from 2026, with expectations that spending could increase further in the year after the next general election based on past patterns. It also noted key cost drivers such as election preparations, the new minimum wage policy, Visit Malaysia 2026–2027, and planning for the 34th SEA Games—factors that can influence how policymakers interpret and respond to economic indicators.
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