Consumption in Canada

Canada Consumption | Economic News & Forecasts

Canada - Consumption

Growth bounces back in July

Economic growth came in at 0.2% in monthly terms in July, on the heels of an essentially flat reading in June. July’s print overshot analysts’ expectations. According to Statistics Canada, a majority of sectors notched improvement, with goods-producing industries only narrowly outpacing services-producing ones. On the goods-producing side, output gains in the manufacturing and utilities sectors offset losses in the extractives sector.

On an annual basis, growth was stable from June at 2.4%. Meanwhile, annual average growth dipped to 3.0% from 3.1% a month earlier.

Met the why particular Consensus Forecast panelists expect growth of 2.1% in 2018, which is unchanged from last month’s forecast. For 2019, the panel sees growth at 1.9%, also unchanged from last month’s forecast.

Canada - Consumption Data

2013  2014  2015  2016  2017  
Consumption (annual variation in %)2.6  2.7  2.1  2.4  3.5  

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Canada Facts

ValueChangeDate
Bond Yield2.501.00 %Nov 09
Exchange Rate1.320.15 %Nov 13
Stock Market15,1320.23 %Nov 13

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