Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Gross Domestic Product Annualized was -1.6% against a forecast of -0.6%.
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Annualized result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (MoM) | (no change) | -0.1% | -0.1% | ||
Gross Domestic Product (QoQ) | Bearish change | 0.5% | -0.4% | ||
Current Account | Bearish change | -1.32B | -21.16B | ||
Retail Sales (MoM) | Bullish change | -1.2% | 1.5% | ||
Retail Sales ex Autos (MoM) | Bullish change | -0.3% | 1.9% | ||
BoC Consumer Price Index Core (MoM) | (no change) | 0.1% | 0.1% | ||
BoC Consumer Price Index Core (YoY) | Bearish change | 2.7% | 2.6% | ||
Consumer Price Index (MoM) | Bullish change | 0.1% | 0.3% | ||
Consumer Price Index (YoY) | Bearish change | 1.9% | 1.7% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Economic Activity |
Frequency: | Quarterly |