| Date GMT+00:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb, 16 10:00 |
★ |
Industrial Production
Industrial Production
Measures the volume change of output of the manufacturing and energy sector. The industrial sector contributes to only a quarter of the Eurozone GDP. However, most variations in the GDP come from the industrial sector, whereas other sectors that contribute far more to national output historically have been very consistent regardless of economic cycles. That is why tracking industrial production is very important for forecasting GDP changes. Note: The Industrial Production figure can be adjusted for the number of working days in the given time period and/or seasonally to account for weather related changes in production. |
0.7%; 2.5% | -1.5% | - | ||||||||||||||
| Feb, 16 13:15 |
★ |
Housing Starts
Housing Starts
Reflects the rate of growth in housing construction. Housing Starts act as an indicator measuring the strength of Canada's construction sector and housing market. Economists also use the figure as a leading indicator for the economy as a whole due to Housing Starts' sensitivity to changes in the business cycle. Housing Starts slow at the onset of a recession and quickly grow at the beginning of an economic boom; consequently, a high Housing Starts figure forecasts strong economic growth. The headline figure is the percentage change in new home starts. |
282.4K | 266.0K | - | ||||||||||||||
| Feb, 16 13:30 |
★ |
Manufacturing Shipments
Manufacturing Shipments
CManufacturing Shipments - also known as "shipments of goods of own manufacture" - report the production of goods produced by Canadian establishments in the "Manufacturing Sector (NAICS 31-33)". It measures the Dollar value, not the quantity of manufactured goods produced. |
-1.2% | 0.5% | - | ||||||||||||||
| Feb, 16 21:45 |
★ |
Food Price
Food Price
Measures the price change of food and food services purchased by households. Higher food prices can result in economic slowdown because less disposable income will be used for non-food expenditures. Higher food prices can also result in inflation and signal future monetary action. |
-0.3% | - | - | ||||||||||||||
| Feb, 17 00:30 |
★★ |
Monetary Policy Meeting Minutes
Monetary Policy Meeting Minutes
It's a detailed record of the RBA Reserve Bank Board's most recent meeting, providing in-depth insights into the economic conditions that influenced their decision on where to set interest rates.
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