The Canadian economy shrank 0.1 percent month-over-month in September of 2018, following a 0.1 percent expansion in August. It was the first monthly contraction since January, as goods-producing industries fell 0.7 percent (from -0.3 percent in August). Mining, quarrying and oil and gas extraction went down 1.2 percent; with oil and gas extraction subsector declining 2.9 percent, due to both conventional (-2.3 percent) and non-conventional oil and gas extraction (-3.6 percent). Manufacturing drop 0.5 percent, mainly due to non-durable manufacturing (-1.2 percent), particularly food (-2.2 percent), chemical (-1.5 percent) and petroleum and coal products (-1.3 percent). The finance and insurance sector decreased 0.4 percent; the construction sector was down 0.6 percent and wholesale sector contracted 0.7 percent. On the other hand, transportation and warehousing sector expanded 0.9 percent in September. Leading Economic Index in Canada averaged 0.21 percent from 1997 until 2018, 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 -0.10 in 12 months time. In the long-term, the Canada GDP MoM is projected to trend around 0.20 percent in 2020, according to our econometric models.

Canada GDP MoM
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 12:30 PM GDP MoM 0% 0.5% 0.1% 0.2%
2018-09-28 12:30 PM GDP MoM 0.2% 0% 0.1% 0.1%
2018-10-31 12:30 PM GDP MoM 0.1% 0.2% 0% 0.1%
2018-11-30 01:30 PM GDP MoM -0.1% 0.1% 0.1% 0.2%
2018-12-21 01:30 PM GDP MoM -0.1% 0.2%
2019-01-31 01:30 PM GDP MoM
2019-03-01 01:30 PM GDP MoM 0.10%


Canada Business Last Previous Highest Lowest Unit
Business Confidence 57.20 61.80 75.00 36.10 Index Points [+]
Manufacturing PMI 54.90 53.90 57.10 47.50 [+]
Industrial Production 2.76 2.89 11.37 -15.24 percent [+]
Industrial Production Mom 0.14 0.58 3.36 -3.49 percent [+]
Manufacturing Production 3.32 2.80 12.88 -17.31 percent [+]
Capacity Utilization 82.60 84.10 87.30 72.70 percent [+]
New Orders 58830069.00 59036207.00 62768223.00 14816411.00 CAD THO [+]
Changes in Inventories 6608.00 13540.00 21415.00 -18847.00 CAD Million [+]
Bankruptcies 210.00 209.00 872.00 177.00 Companies [+]
Corporate Profits 85053.00 76692.00 85053.00 -758.00 CAD Million [+]
Car Registrations 165626.00 178985.00 220436.00 19807.00 Units [+]
Leading Economic Index -0.10 0.10 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 [+]
Steel Production 1160.00 1120.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production 5.46 4.61 21.12 -16.33 percent [+]
Competitiveness Index 79.92 80.00 80.00 5.20 Points [+]
Competitiveness Rank 12.00 10.00 15.00 9.00 [+]
Corruption Index 82.00 82.00 92.00 81.00 Points [+]
Corruption Rank 8.00 9.00 14.00 5.00 [+]
Ease of Doing Business 22.00 18.00 22.00 8.00 [+]


Canada GDP MoM

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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.10 1.20 -1.40 1997 - 2018 percent Monthly




Country Last Previous
Argentina -4.50 Oct/18
Australia -0.10 Nov/18
Brazil 0.02 Oct/18
Canada -0.10 Sep/18
Japan 100.50 Oct/18
Mexico 2.10 Sep/18
Russia 2.50 Oct/18
Singapore 112.00 Sep/18
South Africa -0.20 Sep/18
South Korea 113.40 Oct/18
Turkey 0.33 Oct/18
United Kingdom 0.40 Oct/18
United States 124.54 Oct/18


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