Mining production in Canada decreased 15.48 percent in May of 2020 over the same month in the previous year.
Mining Production in Canada averaged 1.64 percent from 1998 until 2020, reaching an all time high of 23.38 percent in May of 2017 and a record low of -18.90 percent in April of 2020. This page provides the latest reported value for - Canada Mining Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Mining Production - values, historical data and charts - was last updated on August of 2020. source: Statistics Canada
Mining Production in Canada is expected to be -5.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in Canada to stand at -2.00 in 12 months time. In the long-term, the Canada Mining Production is projected to trend around -1.00 percent in 2021 and 1.30 percent in 2022, according to our econometric models.