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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
CanadaGDP MoM climbed to 0.2 in December 2024
Financial Modeling PrepQuarterlyReleased January 2025
GDP MoM climbed to 0.2 in December 2024, up 0.3 from November's -0.1 reading. The reading matched the 0.2 consensus. The print is running well above the 12-month average of 0.1. Over the past 3 months, GDP MoM averaged 0.1, vs 0.08 in the prior 3-month window. The reading is in the 68th percentile of the trailing 24-month range.
Latest Release
0.2
Actual
0.2
Consensus
-0.1
Previous
The January 2025 reading rose from the previous value of -0.1. Historically, this indicator is negatively correlated with USD/CAD (Bullish CAD) and positively correlated with CAD/JPY (Bullish CAD).
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GDP MoM - CA
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