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Gross Domestic Product (MoM)

The Gross Domestic Product released by the Statistics Canada is a measure of the total value of all goods and services produced by Canada. The GDP is considered as a broad measure of Canadian economic activity and health. Generally speaking, a rising trend has a positive effect on the CAD, while a falling trend is seen as negative (or bearish) for the CAD.

Most recent - Thursday 29 February 2024 13:30

Previous
0.2%
Revised
-
Forecast
0.2%
Actual
0%

Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product (MoM) was 0% against a forecast of 0.2%.

Past events

Date
Forecast
Actual
Thursday 29 February 2024 13:30
0.2%
0%
Wednesday 31 January 2024 13:30
0.1%
0.2%
Friday 22 December 2023 13:30
0.2%
0%
Thursday 30 November 2023 13:30
0%
0.1%
Tuesday 31 October 2023 12:30
0.1%
0%
Friday 29 September 2023 12:30
0.1%
0%
Friday 1 September 2023 12:30
-0.2%
-0.2%
Friday 28 July 2023 12:30
0.3%
0.3%
Friday 30 June 2023 12:30
0.2%
0%
Wednesday 31 May 2023 12:30
-0.1%
0%
Friday 28 April 2023 12:30
0.2%
0.1%
Friday 31 March 2023 12:30
0.3%
0.5%
Tuesday 28 February 2023 13:30
0%
-0.1%
Tuesday 31 January 2023 13:30
0%
0.1%
Friday 23 December 2022 13:30
0.1%
0.1%
Tuesday 29 November 2022 13:30
0.1%
0.1%
Friday 28 October 2022 12:30
0%
0.1%
Thursday 29 September 2022 12:30
-0.1%
0.1%
Wednesday 31 August 2022 12:30
0.1%
0.1%
Friday 29 July 2022 12:30
-0.2%
0%
Thursday 30 June 2022 12:30
0.3%
0.3%
Tuesday 31 May 2022 12:30
0.5%
0.7%
Friday 29 April 2022 12:30
0.8%
1.1%
Thursday 31 March 2022 12:30
0.2%
0.2%
Tuesday 1 March 2022 13:30
0.1%
0%
Tuesday 1 February 2022 13:30
0.3%
0.6%
Thursday 23 December 2021 13:30
0.8%
0.8%
Tuesday 30 November 2021 13:30
0.1%
0.1%
Friday 29 October 2021 12:30
0.7%
0.4%
Friday 1 October 2021 12:30
-0.2%
-0.1%
Tuesday 31 August 2021 12:30
0.7%
0.7%
Friday 30 July 2021 12:30
-0.3%
-0.3%
Wednesday 30 June 2021 12:30
-0.8%
-0.3%
Tuesday 1 June 2021 12:30
1%
1.1%
Friday 30 April 2021 12:30
0.5%
0.4%
Wednesday 31 March 2021 12:30
0.5%
0.7%

Economic context

Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (MoM) result:

PreviousLatest
S&P Global Manufacturing PMIBullish change48.349.7
Gross Domestic Product AnnualizedBullish change-0.5%1%
Gross Domestic Product (QoQ)Bullish change-0.1%0.2%
Current AccountBullish change-4.74B-1.62B
Retail Sales (MoM)Bullish change0%0.9%
Retail Sales ex Autos (MoM)Bullish change-0.4%0.6%
BoC Consumer Price Index Core (MoM)Bullish change-0.5%0.1%
Consumer Price Index (MoM)Bullish change-0.3%0%
Consumer Price Index (YoY)Bearish change3.4%2.9%
BoC Consumer Price Index Core (YoY)Bearish change2.6%2.4%

About Gross Domestic Product (MoM)

Country:Canada
Currency:CAD
Source:
Category:Economic Activity
Frequency:Monthly

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