Canada GDP MoM  1997-2017 | Data | Chart | Calendar | Forecast | News

The Canadian economy expanded 0.6 percent month-on-month in May 2017, beating market expectations of 0.2 percent and following a 0.2 percent growth in April. It was the seventh consecutive monthly increase, as goods-producing industries rose 1.6 percent, led by mining, quarrying, and oil and gas extraction (4.6 percent), more specifically non-conventional oil extraction (13 percent), and manufacturing (1.1 percent). Service-producing industries grew 0.2 percent, driven by finance and insurance services (0.9 percent), retail trade (0.9 percent) and wholesale trade (0.7 percent). Meanwhile, construction output fell 0.6 percent and real estate and rental and leasing declined 0.2 percent. Leading Economic Index in Canada averaged 0.21 percent from 1997 until 2017, reaching an all time high of 1.20 percent in September of 2003 and a record low of -1.40 percent in December of 2008.

Canada GDP MoM
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-31 12:30 PM Mar 0.5% 0.0% 0.2% 0.1%
2017-06-30 12:30 PM Apr 0.2% 0.5% 0.2% 0.3%
2017-07-28 12:30 PM May 0.6% 0.2% 0.2% 0.2%
2017-08-31 12:30 PM Jun 0.6%
2017-09-29 12:30 PM Jul
2017-10-31 12:30 PM Aug


Canada Business Last Previous Highest Lowest Unit
Business Confidence 60.00 61.60 75.00 36.10 [+]
Manufacturing PMI 55.50 54.70 56.30 47.50 [+]
Industrial Production 8.95 2.30 11.37 -15.24 percent [+]
Industrial Production Mom 2.49 0.16 3.36 -3.49 percent [+]
Manufacturing Production 5.16 2.00 12.88 -17.31 percent [+]
Capacity Utilization 83.30 81.80 87.30 72.70 percent [+]
New Orders 53269673.00 55339795.00 62785328.00 14816411.00 CAD THO [+]
Changes in Inventories 12324.00 -2522.00 21415.00 -18847.00 CAD Million [+]
Bankruptcies 284.00 239.00 872.00 177.00 Companies [+]
Corporate Profits 73337.00 69408.00 77544.00 -758.00 CAD Million [+]
Car Registrations 207008.00 220436.00 220436.00 19807.00 [+]
Leading Economic Index 0.60 0.20 1.20 -1.40 percent [+]
Mining Production 25.74 12.70 25.74 -16.33 percent [+]
Steel Production 970.00 1080.00 1534.00 349.00 Thousand Tonnes [+]
Competitiveness Index 5.27 5.31 5.37 5.20 Points [+]
Competitiveness Rank 15.00 13.00 15.00 9.00 [+]
Corruption Index 82.00 83.00 92.00 81.00 Points [+]
Corruption Rank 9.00 9.00 14.00 5.00 [+]
Ease of Doing Business 22.00 20.00 22.00 8.00 [+]


Canada GDP MoM Notes

In Canada, Leading Economic Index refers to a month on month GDP growth. GDP Growth MoM measures the change in the value of the goods and services produced by the country economy compared to the corresponding month in the previous year. This page provides the latest reported value for - Canada GDP MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada GDP MoM - actual data, historical chart and calendar of releases - was last updated on August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.20 1.20 -1.40 1997 - 2017 percent Monthly



leading economic index by Country

Last
Australia 0.12 Jul/17
Brazil 0.50 Jun/17
Canada 0.60 May/17
China 0.20 Apr/17
Japan 106.30 Jun/17
Mexico 3.06 May/17
Russia 2.90 Jun/17
South Korea 131.90 Jun/17
Turkey 4.17 Jul/17
United States 181.78 Jun/17