
Gross Domestic Product (QoQ)
Discover how Canada measures its economic health through the Gross Domestic Product (GDP), the foremost indicator of the country's economic activity. Published monthly and quarterly by Statistics Canada, the GDP reflects the total value of all goods and services produced within Canada. The quarter-on-quarter (QoQ) comparison highlights economic trends, influencing the Canadian Dollar's strength. A higher GDP reading typically signals a bullish outlook for the CAD, whereas a lower figure suggests a bearish scenario.
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Date | Actual | Previous | Deviation | Consensus |
---|---|---|---|---|
Nov 29, 2024 | 0.50% | 0.50% | 0.00 | - |
Aug 30, 2024 | 0.50% | 0.40% | 0.10 | - |
May 31, 2024 | 0.00% | 0.20% | -0.20 | - |
Feb 29, 2024 | -0.10% | -0.30% | 0.20 | - |
Nov 30, 2023 | 0.30% | 0.00% | 0.30 | - |
Sep 1, 2023 | 0.60% | 0.80% | -0.20 | 0.30% |
May 31, 2023 | 0.80% | 0.00% | 0.80 | 0.40% |
Feb 28, 2023 | 0.60% | 0.70% | -0.10 | -0.20% |