Statistics Canada announced the Canada May GDP Month-on-Month Rate on 2025-07-31. against a forecast of 0.00%, with the prior figure recorded as -0.10%.
Regarding the Canada May GDP Month-on-Month Rate, Actual value > Expected value = Positive for Canadian dollar , Gross Domestic Product (GDP) refers to the total value of all final products and services produced within a country or region's economy during a specific period (a quarter or a year). It is commonly recognized as the best indicator of a country's economic condition. It not only reflects a country's economic performance but also indicates its national strength and wealth. It is the most widely monitored aspect of economic activity and serves as the initial standard for measuring economic health.
This data holds an importance level of , calculated using The variable of all goods and services produced by the economy adjusted for inflation, published as monthly and annual rates, and updates monthly.
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