The Canadian economy advanced 0.5 percent month-over-month in March of 2019, rebounding from an upwardly revised 0.2 percent drop in February and beating market expectations of a 0.4 percent expansion. It was the largest increase since November 2017, as output rebounded for manufacturing (0.8 percent vs -0.7 percent in February), as both durable (1.3 percent vs -0.9 percent) and non-durable manufacturing (0.6 percent vs -0.7 percent) rose; mining, quarrying and oil and gas extraction (2.0 percent vs -1.6 percent), driven by oil and gas extraction (3.3 percent); finance & insurance (0.9 percent vs -0.7 percent) and for transportation & warehousing (1.4 percent vs -1.3 percent). In addition, the wholesale & retail trade was up for the third consecutive (1.1 percent vs 0.2 percent). On the other hand, the utilities sector contracted (-1.8 percent vs 2.0 percent), as temperatures across the country returned to more seasonal levels. 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 0.20 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
2019-03-01 01:30 PM GDP MoM -0.1% -0.1% 0% 0.1%
2019-03-29 12:30 PM GDP MoM 0.3% -0.1% 0% 0%
2019-04-30 12:30 PM GDP MoM -0.1% 0.3% 0% 0.1%
2019-05-31 12:30 PM GDP MoM 0.5% -0.2% 0.4% 0.2%
2019-06-28 12:30 PM GDP MoM 0.5%
2019-07-31 12:30 PM GDP MoM
2019-08-30 12:30 PM GDP MoM 0.2%


Canada Business Last Previous Highest Lowest Unit
Business Confidence 55.90 55.90 75.00 36.10 Index Points [+]
Manufacturing PMI 49.10 49.70 57.10 47.50 [+]
Industrial Production 0.32 -0.58 10.26 -14.52 percent [+]
Industrial Production Mom 0.82 -0.66 3.33 -3.50 percent [+]
Manufacturing Production 1.73 0.83 11.77 -17.31 percent [+]
Capacity Utilization 80.90 81.80 87.30 72.70 percent [+]
New Orders 58084236.00 57241804.00 63214073.00 14816411.00 CAD THO [+]
Changes in Inventories 17717.00 13891.00 24252.00 -21563.00 CAD Million [+]
Bankruptcies 278.00 281.00 872.00 177.00 Companies [+]
Corporate Profits 85116.00 84400.00 97553.00 -758.00 CAD Million [+]
Car Registrations 185390.00 186515.00 220436.00 19807.00 Units [+]
Leading Economic Index 0.50 -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 [+]
Steel Production 1120.00 1150.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production -5.36 -4.79 23.15 -16.41 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 70.00 66.00 715.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 -0.20 1.20 -1.40 1997 - 2019 percent Monthly
SA




Country Last Previous
Argentina -0.70 Apr/19
Australia -0.09 Apr/19
Brazil -0.47 Apr/19
Canada 0.50 Mar/19
Japan 95.50 Apr/19
Mexico 1.30 Mar/19
Russia 1.60 Apr/19
Singapore 109.30 Mar/19
South Africa -0.40 Mar/19
South Korea 114.20 Apr/19
Turkey 1.40 Apr/19
United Kingdom 0.30 Apr/19
United States 127.79 Apr/19


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