The Canadian economy stalled in July 2019, after expanding 0.2 percent in the previous month and below market expectations of a 0.1 percent growth. Goods-producing industries shrank 0.7 percent, as output declined in mining, quarrying, and oil & gas extraction (-3.5%, the largest fall since May 2016); construction (-0.7%), of which residential construction (-1%), engineering & others (-0.7%) and repair construction (-1.1%); manufacturing (-0.1%), namely durable (-0.9%); and agriculture, forestry, fishing & hunting (-0.2%). Meanwhile, services-producing industries rose for the 5th consecutive month (0.3%), driven by the wholesale (1.1%), led by personal & household goods (5.5%) and motor vehicles & parts (3.9%); real estate, and rental & leasing (0.4%), in particular real estate agents & brokers (4.2%); retail trade (0.1%), mostly health & personal care (2.7%) and motor vehicle & parts dealers (1.2%); and finance & insurance (0.3%). 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
2019-06-28 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% 0.2% 0.1% 0.2%
2019-10-31 12:30 PM GDP MoM Aug 0% 0.1%
2019-11-29 01:30 PM GDP MoM Sep -0.1%
2019-12-23 01:30 PM GDP MoM Oct


Canada Business Last Previous Highest Lowest Unit
Business Confidence 48.70 60.60 75.00 36.10 Index Points [+]
Manufacturing PMI 51.00 49.10 57.10 47.50 [+]
Industrial Production -1.12 1.34 10.26 -14.52 percent [+]
Industrial Production Mom -0.84 -0.68 3.33 -3.50 percent [+]
Manufacturing Production -1.15 -0.24 11.77 -17.31 percent [+]
Capacity Utilization 83.30 81.10 87.30 72.70 percent [+]
New Orders 55797950.00 56779434.00 63214073.00 14816411.00 CAD THO [+]
Changes in Inventories 14022.00 19546.00 24252.00 -21563.00 CAD Million [+]
Bankruptcies 177.00 250.00 872.00 177.00 Companies [+]
Corporate Profits 90428.00 84357.00 97553.00 -758.00 CAD Million [+]
Car Registrations 186107.00 177238.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.00 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 1.70 0.70 6.90 -5.30 percent [+]
Steel Production 1060.00 1120.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production -4.36 0.30 23.15 -16.41 percent [+]
Manufacturing Sales 0.80 -1.30 6.60 -9.20 percent [+]
Competitiveness Index 79.59 79.92 80.00 5.20 Points [+]
Competitiveness Rank 14.00 12.00 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 132.00 142.00 715.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.20 1.20 -1.40 1997 - 2019 percent Monthly
SA




Country Last Previous
Argentina 0.90 Aug/19
Australia -0.09 Sep/19
Brazil 0.07 Aug/19
Canada 0.00 Jul/19
Japan 91.70 Aug/19
Mexico 0.30 Jul/19
Russia 2.00 Sep/19
Singapore 108.10 Jun/19
South Africa 0.70 Jul/19
South Korea 114.90 Aug/19
Turkey 3.88 Aug/19
United Kingdom 0.30 Aug/19
United States 128.88 Aug/19


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