Tuesday, January 7, 2014

Canadian economy : modest growth in the coming months

The leading indicators of the canadian economy show that its growth will be modest in the months to come. This is what we can interpret from the publication on January 6 of the Macdonald-Laurier Institute press release on the recent evolution of its index of leading indicators.

Details at : http://www.macdonaldlaurier.ca/biggest-us-advance-in-years-drives-mli-leading-economic-indicator-up-0-3-in-november/

The manufacturing sector should contribute moderatly to the growth of the whole economy based on the recent evolution of the RBC PMI published January 2 on the Internet site of Markit Economics.

Details at : http://www.markiteconomics.com/Public/Page.mvc/PressReleases

The Bank of Canada Report on Monetary Policy, to be published January 22, will give us a more complete overview on the state of the canadian economy and the Bank's projections for the coming quarters. Watch for questions on the absence of inflationary pressures and the possibility of deflation.

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