Thursday, June 12, 2014

Weak growth in Quebec in the coming months

Desjardins Leading Index (DLI) for Quebec's economy points to weak growth in the coming months. The DLI increased only by 0.2% in both April and March and by 0.3% in February, according to the data and the analysis published June 12.

Quebec Government Budget tabled June 4 is based on real GDP growth of 1.8% in 2014. It might be quite difficult to achieve. In the first two months of this year, Quebec GDP was 1.4 % higher than during the corresponding period of 2013, according to the Institut de la statistique du Québec.

For details about the DLI go to :

http://www.desjardins.com/ressources/pdf/ipd0614e.pdf?resVer=1402579016000

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