Consumption in Canada
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
|Consumption (annual variation in %)||2.6||2.7||2.1||2.4||3.5|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||2.50||1.00 %||Nov 09|
|Exchange Rate||1.32||0.15 %||Nov 13|
|Stock Market||15,132||0.23 %||Nov 13|
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October 22, 2018
On 1 October, after more than a year of tense negotiations, Canada and the United States agreed to maintain their longtime free-trade relationship, seemingly ending an uneasy chapter of neighborly brinkmanship that, only months ago, had threatened to upend the continent’s trading landscape.
October 19, 2018
Seasonally-adjusted consumer prices fell 0.1% from a month earlier in September, contrasting August’s 0.1% rise.
September 28, 2018
Economic growth came in at 0.2% in monthly terms in July, on the heels of an essentially flat reading in June.
September 12, 2018
House prices rose 0.2% on a monthly basis in August as the Teranet-National Bank National Composite House Price Index ticked higher, down from July’s 0.8% month-on-month increase.
September 8, 2018
Housing starts on a seasonally-adjusted annualized (SAAR) basis moderated to 201,000 units in August, according to the Canada Mortgage and Housing Corporation (CMHC).