Commercial and Industrial Machinery and Equipment Rental and Leasing Services Price Index (CIMERLSPI)

Price of services of economy, index

Prices of services refers to prices of services offered in the economy. From this data, price indexes are constructed measuring changes in these prices over time.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following measurements:

• Index using the value of a base year made equal to 100