Canada: GDP by industry, May 2018

Real gross domestic product (GDP) was up 0.5% in May, after increasing 0.1% in April. The rise was widespread as 19 of 20 industrial sectors registered increases. The output of goods-producing industries rose 0.6%, led…

Canada: Wholesale trade, May 2018

Wholesale sales rose 1.2% to a record $63.7 billion in May. Sales were up in four of seven subsectors, representing approximately 50% of total wholesale sales. The miscellaneous, building material and supplies, and farm product…

Canada: Inflation Hit Six-Year-Plus High

The Consumer Price Index (CPI) rose 2.5% on a year-over-year basis in June, following a 2.2% increase in May. This is the largest year-over-year increase in the CPI since February 2012. This month’s year-over-year CPI…

Canada: Retail trade, May 2018

Retail sales increased 2.0% in May to $50.8 billion, following a 0.9% decline in April. Sales rose in 8 of 11 subsectors, representing 70% of retail trade. Higher sales at motor vehicle and parts dealers…

CANADA: Retail trade, April 2018

Following three consecutive monthly increases, retail sales in April declined 1.2% to $49.5 billion. The decrease was primarily due to lower sales at motor vehicle and parts dealers. Inclement weather in many parts of Canada…

CANADA: Consumer Price Index, May 2018

The Consumer Price Index (CPI) rose 2.2% on a year-over-year basis in May, matching the increase in April. Component highlights All eight major components increased on a year-over-year basis in May, although five of the…

Canada: Building permits, April 2018

Municipalities issued $7.8 billion worth of building permits in April, down 4.6% from March. Declines were reported in every component except commercial buildings. Residential sector: Multi-family dwellings lead the decline In the residential sector, the…