Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Gross Domestic Product Annualized was 2.1% against a forecast of 1.6%.
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 Annualized result:
Previous | Latest | ||||
---|---|---|---|---|---|
Retail Sales (MoM) | Bearish change | 0.9% | 0.4% | ||
Retail Sales ex Autos (MoM) | Bearish change | 0.3% | -0.7% | ||
BoC Interest Rate Decision | Bearish change | 4.25% | 3.75% | ||
BoC Consumer Price Index Core (MoM) | Bullish change | -0.1% | 0% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 1.5% | 1.6% | ||
Consumer Price Index (MoM) | Bearish change | -0.2% | -0.4% | ||
Consumer Price Index (YoY) | Bearish change | 2% | 1.6% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Economic Activity |
Frequency: | Quarterly |