Canada: Real GDP expands by 0.7% MoM in March versus 0.5% forecast

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Canada: Real GDP expands by 0.7% MoM in March versus 0.5% forecast
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Canada: Real GDP expands by 0.7% MoM in March versus 0.5% forecast By Frank_Macro Canada GDP Macroeconomics

dian economist forecast for a 0.5% MoM pace of expansion but down from February's 0.9% MoM growth rate.

Meanwhile, the annualised quarterly pace of GDP growth in Q1 in Canada came in at 3.1%, well below the median economist forecast for a growth rate of 5.4% and down from Q4 2021's annualised quarterly growth rate of 6.6%. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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