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Survey of Forecasters

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Read the Winter 2019 Survey

Published: January 18, 2019 (web page)
By: Kip Beckman

Highlights

  • The Canadian economy will expand by 1.8 per cent this year, down from a gain of 2.0 per cent anticipated last autumn.
  • The main factor behind the weaker outlook is a more pessimistic view on future increases in household spending.
  • Increases in consumer prices will be more subdued in 2019, likely due to the slump in world oil prices last autumn.

About the Survey of Forecasters

The Survey of Forecasters is a quarterly survey conducted by The Conference Board of Canada. It reflects the opinions of Canada’s top forecasting organizations and their outlook for the Canadian economy. An analysis is available to e-Library subscribers or for a one-time fee. The Survey of Forecasters has been produced since 1999.

Data


GDP (%)
February  2019, CANSIM
0.1

Projected GDP Growth (%)
Q1 2019, CBoC
0.29

Employment, Canada
February 2019, CANSIM
56,000 

Projected Employment Growth
Q1 2019, CBoC
140,110

Merchandise Exports (%)
February 2019, CANSIM
1.3

Overnight Rate
 April 2019, BoC
1.75

CPI (%, YoY)
April 2019, CANSIM
2.0

Building Permits (%, YoY)
February 2019, CANSIM
5.7

Retail Sales (%)
February 2019, CANSIM
0.8

Consumer confidence
June 2019, CBoC
1.0

Business Confidence
Q1 2019, CBoC
3.3

Leading Index
March 2019, CBoC
0.8

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