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Canada Gross Domestic Product (GDP) Annualized QoQ

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Canada Gross Domestic Product (GDP) Annualized QoQ

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Status

 
Latest Release
Nov 30, 2021
Actual
5.4%
Forecast
3.0%
Previous
-3.2%
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy''s health. A stronger than expected number should be taken as positive for the CAD and a lower than expected number as negative to the CAD.
Importance:
Country:
Currency: CAD
Source: Statictics Canada
Canada Gross Domestic Product (GDP) Annualized QoQ
 
Release Date Time Actual Forecast Previous
Nov 30, 2021 (Q3) 08:30 5.4% 3.0% -3.2%
Aug 31, 2021 (Q2) 07:30 -1.1% 2.5% 5.5%
Jun 01, 2021 (Q1) 07:30 5.6% 6.7% 9.3%
Mar 02, 2021 (Q4) 08:30 9.6% 7.5% 40.6%
Dec 01, 2020 (Q3) 08:30 40.5% 47.6% -38.1%
Aug 28, 2020 (Q2) 07:30 -38.7% -39.6% -8.2%

News

Canadian Economy Contracted by 0.1% in September
Canadian Economy Contracted by 0.1% in September By Investing.com - Nov 30, 2018

Investing.com – Canada's economy unexpectedly contracted in September, official data showed on Wednesday. In a report, Statistics Canada said gross domestic product (GDP) contracted 0.1% in...

Canadian GDP Flat in June, Missing Expectations
Canadian GDP Flat in June, Missing Expectations By Investing.com - Aug 30, 2018

Investing.com - The Canadian economy stalled in June, dampening expectations for another interest rate increase by the country’s central bank as soon as next week. Canada’s gross domestic...

Economic Calendar - Top 5 Things To Watch This Week
Economic Calendar - Top 5 Things To Watch This Week By Investing.com - Mar 25, 2018 2

Investing.com - Rhetoric rather than economics could be the main driver of sentiment in the week ahead, as investors watch further developments amid a brewing trade war between the U.S. and China. On...

Analysis

ING Economic and Financial Analysis
FX Daily: Omicron Dovishness By ING Economic and Financial Analysis - Dec 01, 2021

Risk assets were back under pressure Tuesday, with markets awaiting updated information on the vaccine coverage against Omicron. The discussion was shifting towards monetary policy as markets priced...

JFD Team
Market Sentiment Improves, But Only Temporarily By JFD Team - Nov 30, 2021

European and US equities rebounded yesterday, as a South African doctor said that the symptoms of the new COVID variant were so far mild. However, today, Moderna's (NASDAQ:MRNA) CEO noted that there...

GDP Annualized (QoQ) Discussion

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