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Index of machinery and equipment rental and leasing declines

Ottawa – Statistics Canada reports that its Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index was down 0.8% in the fourth quarter of 2012 from the previous quarter. It was the first decline since...


Ottawa – Statistics Canada reports that its Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index was down 0.8% in the fourth quarter of 2012 from the previous quarter. It was the first decline since the third quarter of 2010.

Heavy machinery and equipment rental and leasing services (construction, transportation, mining and forestry) fell 1.0%. Office machinery and other commercial and industrial machinery and equipment rental and leasing services declined 0.2%.

The index was down 0.2% in the fourth quarter compared with the same quarter of 2011.