كندا Monthly GDP MoM

The Canadian economy likely expanded 0.1% in April 2025, the same as in March, as increases in mining, quarrying, and oil and gas extraction and finance and insurance were partially offset by decreases in manufacturing, advance estimates showed. Considering the March month, the goods-producing industries went up 0.2%, and led the growth for the second time in three months, driven by a 2.2% rebound in the mining, quarrying, and oil and gas extraction and a 0.5% gain in construction. The services-producing industries edged up 0.1% on increases in retail trade (0.8%), transportation and warehousing (0.8%) and accommodation and food services (1.4%). Considering Q1, the Canadian GDP increased 0.5%, matching Q4 2024. Exports of goods drove the growth in the first quarter of 2025, followed by accumulations of business non-farm inventories. Higher imports and weak residential structure resale activity tempered overall growth in the first quarter.