The Canadian economy shrank 0.1 percent month-over-month in November 2018, following a 0.3 percent growth in the previous month and in line with market expectations. Decreases were recorded in wholesale trade (-1.1 percent); finance and insurance (-0.7 percent); manufacturing (-0.5 percent); construction (-0.3 percent); transportation and warehousing (-0.5 percent); retail trade (-0.3 percent); and mining, quarrying and oil and gas extraction (-0.1 percent). On the other hand, 13 of 20 industrial sectors posted gains, namely accommodation and food services (0.6 percent); professional services (0.2 percent); utilities (0.4 percent) and public sector (0.2 percent). Year-on-year, the economy grew 1.7 percent, slowing from a 2.2 percent expansion in October. Leading Economic Index in Canada averaged 0.21 percent from 1997 until 2018, reaching an all time high of 1.20 percent in September of 2003 and a record low of -1.40 percent in December of 2008.

Leading Economic Index in Canada is expected to be 0.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Canada to stand at 0.10 in 12 months time. In the long-term, the Canada GDP MoM is projected to trend around 0.20 percent in 2020, according to our econometric models.

Canada GDP MoM
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-31 12:30 PM GDP MoM 0.1% 0.2% 0% 0.1%
2018-11-30 01:30 PM GDP MoM -0.1% 0.1% 0.1% 0.2%
2018-12-21 01:30 PM GDP MoM 0.3% -0.1% 0.2%
2019-01-31 01:30 PM GDP MoM -0.1% 0.3% -0.1% 0.1%
2019-03-01 01:30 PM GDP MoM -0.1% 0.1%
2019-03-29 12:30 PM GDP MoM
2019-04-30 12:30 PM GDP MoM


Canada Business Last Previous Highest Lowest Unit
Business Confidence 54.70 59.70 75.00 36.10 Index Points [+]
Manufacturing PMI 53.00 53.60 57.10 47.50 [+]
Industrial Production 4.20 2.10 10.26 -14.52 percent [+]
Industrial Production Mom 0.65 -0.87 3.33 -3.50 percent [+]
Manufacturing Production 3.32 2.44 11.77 -17.31 percent [+]
Capacity Utilization 82.60 84.10 87.30 72.70 percent [+]
New Orders 56982776.00 57640833.00 62768223.00 14816411.00 CAD THO [+]
Changes in Inventories 6608.00 13540.00 21415.00 -18847.00 CAD Million [+]
Bankruptcies 237.00 240.00 872.00 177.00 Companies [+]
Corporate Profits 85053.00 76692.00 85053.00 -758.00 CAD Million [+]
Car Registrations 118185.00 149239.00 220436.00 19807.00 Units [+]
Leading Economic Index -0.10 0.30 1.20 -1.40 percent [+]
Internet Speed 16205.66 14855.09 16205.66 3293.95 KBps [+]
IP Addresses 15582991.00 15135509.00 15582991.00 8092964.00 IP [+]
Steel Production 1150.00 1125.00 1534.00 349.00 Thousand Tonnes [+]
Mining Production 4.96 1.91 23.15 -16.41 percent [+]
Competitiveness Index 79.92 80.00 80.00 5.20 Points [+]
Competitiveness Rank 12.00 10.00 15.00 9.00 [+]
Corruption Index 81.00 82.00 92.00 81.00 Points [+]
Corruption Rank 9.00 8.00 14.00 5.00 [+]
Ease of Doing Business 22.00 18.00 22.00 8.00 [+]


Canada GDP MoM

In Canada, Leading Economic Index refers to a month on month GDP growth. GDP Growth MoM measures the change in the value of the goods and services produced by the country economy compared to the corresponding month in the previous year. This page provides the latest reported value for - Canada GDP MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada GDP MoM - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.30 1.20 -1.40 1997 - 2018 percent Monthly




Country Last Previous
Argentina -0.90 Dec/18
Australia -0.22 Dec/18
Brazil 0.21 Dec/18
Canada -0.10 Nov/18
Japan 97.90 Dec/18
Mexico 1.80 Nov/18
Russia 1.90 Dec/18
Singapore 112.00 Dec/18
South Africa -0.30 Nov/18
South Korea 113.70 Dec/18
Turkey -0.40 Dec/18
United Kingdom 0.20 Dec/18
United States 125.13 Dec/18


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