Canada Data Response Consumer Price Index (Nov.) November inflation figures support our view that sluggish economic growth is dampening inflationary pressures. Significant excess capacity and slack in labour markets are likely to keep the underlying... 21st December 2010 · 1 min read
Canada Data Response Monthly Survey of Manufacturing (Oct.) Manufacturing sales increased a tad stronger than we expected, though not enough to change our view on fourth-quarter GDP growth in the range of 1.5% to 2%. Indeed, looking through the monthly... 15th December 2010 · 1 min read
Canada Data Response International Merchandise Trade (Oct.) While a restart in crude oil pipeline activity helped lift energy exports to the US, today's news was really about the surprise jump in non-oil exports to countries further abroad. Indeed, with the... 10th December 2010 · 1 min read
Canada Data Response Labour Force Survey (Nov.) The dramatic slowdown in economic growth is preventing any real improvement in labour market conditions. Not only is the economy struggling to generate enough jobs to have a meaningful impact on... 3rd December 2010 · 1 min read
Canada Data Response GDP (Q3 & Sep.) Economic growth has slowed considerably and indicators are pointing to another weak performance in the fourth quarter and sluggish 2% growth next year. Given expected productivity improvements, this... 30th November 2010 · 1 min read
Canada Data Response Canada Consumer Price Index (Oct.) While past increases in energy prices led to a stronger than expected inflation report in October, this shock is unlikely to be sustained. The knock-on effect of lower commodity prices next year... 23rd November 2010 · 1 min read
Canada Data Response Canada Monthly Survey of Manufacturing (Sep.) September's manufacturing sales provide further evidence supporting the view that growth in real GDP slowed further in the third quarter, possibly to as weak as 1% annualised, which would make Canada... 16th November 2010 · 1 min read
Canada Data Response Canada International Merchandise Trade (Sep.) September trade data indicate that net exports were a significant drag on thirdquarter real economic growth and leading indicators point to more of the same in the near future. Indeed, with prospects... 10th November 2010 · 1 min read
Canada Data Response Labour Force Survey (Oct.) Having fully recovered the number of jobs lost during the recession, employment growth has now started to slow. Unfortunately, with the economic recovery losing momentum, prospects for employment... 5th November 2010 · 1 min read
