New data GDP MoM (Oct)
11/29/2024
actual 0.1, previous None
The event is the release of the Gross Domestic Product (GDP) Month-over-Month (MoM) data for Canada for the month of October. The actual value reported is 0.1, which is below the estimated value of 0.2. This event is considered to have a medium impact on the Canadian economy and the CAD currency. The GDP MoM data measures the change in the value of all goods and services produced by the economy compared to the previous month. A lower-than-expected GDP MoM value may indicate a slower pace of economic growth in Canada.This is not investment advice. Remember to verify the information provided here.
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