Industrial Production in Canada decreased 17.26 percent in May of 2020 over the same month in the previous year.
Industrial Production in Canada averaged 1.19 percent from 1998 until 2020, reaching an all time high of 10.26 percent in August of 2010 and a record low of -19.64 percent in April of 2020. This page provides the latest reported value for - Canada Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Industrial Production - values, historical data and charts - was last updated on August of 2020. source: Statistics Canada
Industrial Production in Canada is expected to be -3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Canada to stand at 1.00 in 12 months time. In the long-term, the Canada Industrial Production is projected to trend around 1.30 percent in 2021 and 1.80 percent in 2022, according to our econometric models.