Industrial Production in Canada increased 4.76 percent in May of 2020 over the previous month.
Industrial Production Mom in Canada averaged 0.05 percent from 1997 until 2020, reaching an all time high of 4.76 percent in May of 2020 and a record low of -16.08 percent in April of 2020. This page provides the latest reported value for - Canada Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Industrial Production MoM - values, historical data and charts - was last updated on August of 2020. source: Statistics Canada
Industrial Production Mom in Canada is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Canada to stand at 0.50 in 12 months time. In the long-term, the Canada Industrial Production MoM is projected to trend around 0.60 percent in 2021 and 0.50 percent in 2022, according to our econometric models.