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 - Friday 29 November 2024 13:30

Previous
0%
Revised
0%
Forecast
0.3%
Actual
0.1%

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

Next event - Monday 23 December 2024 13:30

Previous
-
Forecast
-
Actual
-

The typical/expected impact on CAD pairs is medium.

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

Trading range

Forecast history

The most recent announced value for Gross Domestic Product (MoM) was 0.1% against a forecast of 0.3%.

Past events

Date
Forecast
Actual
Friday 29 November 2024 13:30
0.3%
0.1%
Thursday 31 October 2024 12:30
0%
0%
Friday 27 September 2024 12:30
0.1%
0.2%
Friday 30 August 2024 12:30
0.1%
0%
Wednesday 31 July 2024 12:30
0.1%
0.2%
Friday 28 June 2024 12:30
0.3%
0.3%
Friday 31 May 2024 12:30
0%
0%
Tuesday 30 April 2024 12:30
0.3%
0.2%
Thursday 28 March 2024 12:30
0.4%
0.6%
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%

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 (MoM) result:

PreviousLatest
BoC Interest Rate DecisionBearish change3.75%3.25%
Ivey Purchasing Managers IndexBearish change52.249.7
Ivey Purchasing Managers Index s.aBullish change5252.3
Average Hourly Wages (YoY)Bearish change4.9%3.9%
Net Change in EmploymentBullish change14.5K50.5K
Unemployment RateBearish change6.5%6.8%
S&P Global Manufacturing PMIBullish change51.152

About Gross Domestic Product (MoM)

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

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