The Canadian economy expanded 0.2 percent from a month earlier in June 2019, the same pace as in the previous month and above market consensus of 0.1 percent. Goods-producing industries declined 0.2 percent, mostly due to manufacturing (-1.4%), as durable (-0.7%), namely wood products (-4.8%) and fabricated metal (-2.4 %); and non-durable manufacturing dropped (-2.1 percent), of which food (-2.6 percent, the largest decline since October 2012), in particular meat products (-7 percent), plastic and rubber (-5 percent) and chemical manufacturing (-2.3 percent). On the other hand, services-producing industries rose 0.3 percent, boosted by wholesale trade (0.9 percent), led by miscellaneous wholesaling (+3.8%) and machinery, equipment and supplies (+1.0%); retail trade (0.6%), driven by building material and garden equipment and supplies (+4.6%), clothing and clothing accessories stores (+3.9%) and general merchandise stores (+2.4%). Leading Economic Index in Canada averaged 0.20 percent from 1997 until 2019, 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.

Leading Economic Index in Canada is expected to be -0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Canada to stand at 0.20 in 12 months time. In the long-term, the Canada GDP MoM is projected to trend around 0.40 percent in 2020, according to our econometric models.

Canada GDP MoM
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-31 12:30 PM GDP MoM Mar 0.5% -0.2% 0.4% 0.2%
2019-06-28 12:30 PM GDP MoM Apr 0.3% 0.5% 0.1% 0.3%
2019-07-31 12:30 PM GDP MoM May 0.2% 0.3% 0.1% 0.2%
2019-08-30 12:30 PM GDP MoM Jun 0.2% 0.2% 0.1% 0.2%
2019-10-01 12:30 PM GDP MoM Jul 0.2% 0.2%
2019-10-31 12:30 PM GDP MoM Aug
2019-11-29 01:30 PM GDP MoM Sep -0.1%


Canada Business Last Previous Highest Lowest Unit
Business Confidence 60.60 54.20 75.00 36.10 Index Points [+]
Manufacturing PMI 49.10 50.20 57.10 47.50 [+]
Industrial Production 1.44 2.87 10.26 -14.52 percent [+]
Industrial Production Mom -0.67 0.39 3.33 -3.50 percent [+]
Manufacturing Production -0.29 2.87 11.77 -17.31 percent [+]
Capacity Utilization 83.30 81.10 87.30 72.70 percent [+]
New Orders 56779434.00 59252906.00 63214073.00 14816411.00 CAD THO [+]
Changes in Inventories 14022.00 19546.00 24252.00 -21563.00 CAD Million [+]
Bankruptcies 250.00 212.00 872.00 177.00 Companies [+]
Corporate Profits 90428.00 84357.00 97553.00 -758.00 CAD Million [+]
Car Registrations 177238.00 189850.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.20 0.20 1.20 -1.40 percent [+]
Internet Speed 16205.66 14855.09 16205.66 3293.95 KBps [+]
IP Addresses 15582991.00 15135509.00 15582991.00 8092964.00 IP [+]
Wholesale Sales 0.60 -1.90 6.90 -5.30 percent [+]
Steel Production 1120.00 970.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production 0.12 -1.51 23.15 -16.41 percent [+]
Manufacturing Sales -1.30 -1.40 6.60 -9.20 percent [+]
Competitiveness Index 79.92 80.00 80.00 5.20 Points [+]
Competitiveness Rank 12.00 10.00 15.00 9.00 [+]
Corruption Index 81.00 82.00 92.00 81.00 Points [+]
Corruption Rank 9.00 8.00 14.00 5.00 [+]
Crude Oil Rigs 121.00 114.00 715.00 32.00 [+]
Ease of Doing Business 22.00 18.00 22.00 8.00 [+]


Canada GDP MoM

In Canada, Leading Economic Index refers to GDP Growth MoM which measures the change in the value of the goods and services produced by the country economy compared to the previous month. 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.20 1.20 -1.40 1997 - 2019 percent Monthly
SA




Country Last Previous
Argentina -0.80 Jul/19
Australia -0.30 Aug/19
Brazil -0.16 Jul/19
Canada 0.20 Jun/19
Japan 93.60 Jul/19
Mexico -0.90 Jun/19
Russia 1.60 Aug/19
Singapore 108.10 Jun/19
South Africa -0.40 Jun/19
South Korea 114.50 Jul/19
Turkey 2.19 Jul/19
United Kingdom 0.00 Jul/19
United States 128.31 Jul/19


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