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 medium.
There is no forecast value for Gross Domestic Product (MoM) yet - check back for updates.
The most recent announced value for Gross Domestic Product (MoM) was -0.2% against a forecast of -0.1%.
Recent economic data has been moderately bullish for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
BoC Consumer Price Index Core (MoM) | Bullish change | -0.3% | 0.4% | ||
BoC Consumer Price Index Core (YoY) | Bullish change | 1.8% | 2.1% | ||
Consumer Price Index (MoM) | Bullish change | -0.4% | 0.1% | ||
Consumer Price Index (YoY) | Bullish change | 1.8% | 1.9% | ||
Average Hourly Wages (YoY) | Bearish change | 3.8% | 3.7% | ||
Net Change in Employment | Bearish change | 91K | 76K | ||
Unemployment Rate | Bullish change | 6.7% | 6.6% | ||
Ivey Purchasing Managers Index | Bullish change | 44.3 | 46.2 | ||
Ivey Purchasing Managers Index s.a | Bearish change | 54.7 | 47.1 |