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CA gross domestic product by industry, April 2024
Real gross domestic product (GDP) grew 0.3% in April, after being essentially unchanged in March. Both goods-producing (+0.3%) and services-producing (+0.3%) industries contributed to the growth with 15 of 20 sectors increasing in the month. Wholesale trade, mining, quarrying, and oil and gas extraction and manufacturing were the largest contributors to growth in April after recording declines in the previous month. Following two consecutive monthly decreases, retail trade was also among the top drivers of growth in April, led by food and beverage retailers and gasoline stations which rebounded from declines recorded ... (full story)
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Canada’s economy rebounded in April, StatCan data shows
The Canadian economy bounced back from a soft end to the first quarter, Statistics Canada said Friday. Real gross domestic product (GDP) grew 0.3 per cent in April, the agency said, in line with its initial estimates. Early expectations have growth holding positive in May, but easing to a rate of 0.1 per cent. Wholesale trade, mining, quarrying, manufacturing and oil and gas extraction industries were all up in the month, StatCan said. The arts, entertainment and recreation sectors were also buoyed by four Canadian teams vying for the Stanley Cup as the NHL playoffs began in the month, the agency noted. April figures ... (full story)
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From bnnbloomberg.ca|Jun 28, 2024The Swiss National Bank largely refrained from interventions to influence the franc in the first quarter as it depreciated against the dollar and the euro. Switzerland’s central ...
From marctomarket.com|Jun 28, 2024The US dollar is narrowly mixed as North American participants prepare to return for the last session of the first half. Despite firmer than expected Tokyo CPI and stronger than ...
From fxstreet.com|Jun 28, 2024The Fed’s preferred inflation gauge, the Core Personal Consumption Expenditure (PCE), will be released by the US Bureau of Economic Analysis (BEA) on Friday, June 28 at 12:30 GMT ...
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From bea.gov|Jun 28, 2024|1 commentPersonal income income increased $114.1 billion (0.5 percent at a monthly rate) in May, according to estimates released today by the Bureau of Economic Analysis (tables 2 and 3). ...
From @DBNewswire|Jun 28, 2024|6 commentspost: FED’S DALY: FED IS NOT DONE YET, BUT PCE DATA IS ‘GOOD NEWS’ FED’S DALY: INFLATION DATA SHOWS IT’S COOLING, POLICY IS WORKING AS EXPECTED -- CNBC INTERVIEW FED’S DALY: GETTING EVIDENCE THAT POLICY IS TIGHT ENOUGH post: FED'S DALY: IF WE GET INFLATION COMING DOWN LIKE LAST YEAR, WE CAN RESPOND. post: FED'S DALY: INFLATION IS STILL TOO HIGH.
From bbc.com|Jun 28, 2024About three million households are set to see their mortgage payments rise in the next two years, the Bank of England has said. The Bank's latest Financial Stability Report also ...
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- Posted: Jun 28, 2024 8:30am
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