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 - Friday 30 August 2024 12:30

Previous
0.4%
Revised
-
Forecast
-
Actual
0.5%

Trading range

Forecast history

The most recent announced value for Gross Domestic Product (QoQ) was 0.5%.

Past events

Date
Forecast
Actual
Friday 30 August 2024 12:30
-
0.5%
Friday 31 May 2024 12:30
-
0.4%
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%

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
Ivey Purchasing Managers IndexBearish change55.350.3
Ivey Purchasing Managers Index s.aBearish change57.648.2
Average Hourly Wages (YoY)Bearish change5.2%4.9%
Net Change in EmploymentBullish change-2.8K22.1K
Unemployment RateBearish change6.4%6.6%
BoC Interest Rate DecisionBearish change4.5%4.25%
S&P Global Manufacturing PMIBullish change47.849.5
Gross Domestic Product (MoM)Bearish change0.2%0%
Gross Domestic Product AnnualizedBullish change1.8%2.1%
Current AccountBearish change-5.37B-8.48B

About Gross Domestic Product (QoQ)

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

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