Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
The most recent announced value for Gross Domestic Product Annualized was 2.6% against a forecast of 1.9%.
Recent economic data has been strongly bearish for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Annualized result:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Consumer Price Index Core (MoM) | Bearish change | 0.7% | 0.1% | ||
BoC Consumer Price Index Core (YoY) | Bearish change | 2.7% | 2.2% | ||
Consumer Price Index (MoM) | Bearish change | 1.1% | 0.3% | ||
Consumer Price Index (YoY) | Bearish change | 2.6% | 2.3% | ||
Ivey Purchasing Managers Index | Bullish change | 53.6 | 55.6 | ||
Ivey Purchasing Managers Index s.a | Bearish change | 55.3 | 51.3 | ||
Average Hourly Wages (YoY) | Bearish change | 4% | 3.5% | ||
Net Change in Employment | Bearish change | 1.1K | -32.6K | ||
Unemployment Rate | Bearish change | 6.6% | 6.7% |
Country: | Canada |
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Currency: | CAD |
Source: | Statistics Canada |
Category: | Economic Activity |
Frequency: | Quarterly |