Challenges
Gross Domestic Product (MoM)
Most recent - Friday 1 September 2023 12:30
Next event - Friday 29 September 2023 12:30
The typical/expected impact on CAD pairs is medium.
The consensus forecast for Gross Domestic Product (MoM) is 0%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Trading range
Forecast history
The most recent announced value for Gross Domestic Product (MoM) was -0.2% against a forecast of -0.2%.
Past events
Economic context
Recent economic data has been strongly bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Retail Sales (MoM) | Bullish change | 0.1% | 0.3% | ||
| Retail Sales ex Autos (MoM) | Bullish change | -0.7% | 1% | ||
| BoC Consumer Price Index Core (MoM) | Bearish change | 0.5% | 0.1% | ||
| BoC Consumer Price Index Core (YoY) | Bullish change | 3.2% | 3.3% | ||
| Consumer Price Index (MoM) | Bearish change | 0.6% | 0.4% | ||
| Consumer Price Index (YoY) | Bullish change | 3.3% | 4% |