Challenges
Gross Domestic Product Annualized
Most recent - Wednesday 31 May 2023 12:30
Higher numbers than forecast tend to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Next event - Thursday 31 August 2023 12:30
The typical/expected impact on CAD pairs is high.
There is no forecast value for Gross Domestic Product Annualized yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Gross Domestic Product Annualized was 3.1% against a forecast of 2.5%.
Past events
Economic context
Recent economic data has been broadly neutral for CAD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Annualized result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Average Hourly Wages (YoY) | Bearish change | 5.2% | 5.1% | ||
| Net Change in Employment | Bearish change | 41.4K | -17.3K | ||
| Participation Rate | Bearish change | 65.6% | 65.5% | ||
| Unemployment Rate | Bearish change | 5% | 5.2% | ||
| BoC Interest Rate Decision | Bullish change | 4.5% | 4.75% | ||
| International Merchandise Trade | Bullish change | $0.23B | $1.94B | ||
| Ivey Purchasing Managers Index | Bullish change | 55.6 | 60.1 | ||
| Ivey Purchasing Managers Index s.a | Bearish change | 56.8 | 53.5 | ||
| S&P Global Manufacturing PMI | Bearish change | 50.2 | 49 | ||
| Gross Domestic Product (MoM) | Bearish change | 0.1% | 0% | ||
| Gross Domestic Product (QoQ) | Bullish change | 0% | 0.8% | ||
| Current Account | Bullish change | -8.05B | -6.17B |
About Gross Domestic Product Annualized
| Country: | Canada |
|---|---|
| Currency: | CAD |
| Source: | Statistics Canada |
| Category: | Economic Activity |
| Frequency: | Quarterly |