Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The typical/expected impact on CAD pairs is high.
There is no forecast value for Gross Domestic Product Annualized yet - check back for updates.
The most recent announced value for Gross Domestic Product Annualized was 3.3% against a forecast of 3.4%.
Recent economic data has been moderately 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 | 0.1% | 0% | ||
| BoC Consumer Price Index Core (YoY) | Bearish change | 2.4% | 2.2% | ||
| Consumer Price Index (MoM) | Bullish change | -0.1% | 0.1% | ||
| Consumer Price Index (YoY) | Bullish change | 3% | 3.1% | ||
| Average Hourly Wages (YoY) | Bullish change | 2% | 2.3% | ||
| Net Change in Employment | Bearish change | -41.7K | -68.3K | ||
| Unemployment Rate | Bearish change | 6.4% | 6.5% |
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Economic Activity |
| Frequency: | Quarterly |