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Gross Domestic Product (QoQ)

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
-0.3%
Revised
-0.1%
Forecast
-
Actual
0.2%

Next event - Friday 31 May 2024 12:30

Previous
0.2%
Forecast
-
Actual
-

The typical/expected impact on CAD pairs is medium.

There is no forecast value for Gross Domestic Product (QoQ) yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product (QoQ) was 0.2%.

Past events

Date
Forecast
Actual
Thursday 29 February 2024 13:30
-
0.2%
Thursday 30 November 2023 13:30
-
-0.3%
Friday 1 September 2023 12:30
0.3%
0%
Wednesday 31 May 2023 12:30
0.4%
0.8%
Tuesday 28 February 2023 13:30
-0.2%
0%
Tuesday 29 November 2022 13:30
0.4%
0.7%
Wednesday 31 August 2022 12:30
-
0.8%
Tuesday 31 May 2022 12:30
-
0.8%
Tuesday 1 March 2022 13:30
-
1.6%
Tuesday 30 November 2021 13:30
-
1.3%
Tuesday 31 August 2021 12:30
-
-0.3%
Tuesday 1 June 2021 13:30
-
1.4%

Economic context

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

PreviousLatest
Gross Domestic Product (MoM)Bullish change-0.1%0.6%
Retail Sales (MoM)Bearish change0.9%-0.3%
Retail Sales ex Autos (MoM)Bearish change0.6%0.5%
BoC Consumer Price Index Core (MoM)(no change)0.1%0.1%
BoC Consumer Price Index Core (YoY)Bearish change2.4%2.1%
Consumer Price Index (MoM)Bullish change0%0.3%
Consumer Price Index (YoY)Bearish change2.9%2.8%

About Gross Domestic Product (QoQ)

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

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