Industrial Production in Canada decreased 0.11 percent in September of 2019 over the previous month. Industrial Production Mom in Canada averaged 0.12 percent from 1997 until 2019, reaching an all time high of 3.33 percent in January of 2002 and a record low of -3.50 percent in December of 2008. source: Statistics Canada
Industrial Production Mom in Canada is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Canada to stand at 0.40 in 12 months time. In the long-term, the Canada Industrial Production MoM is projected to trend around 0.60 percent in 2020, according to our econometric models.