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Canada GDP Deflator

GDP Deflator in Canada elevated to 123.60 factors within the third quarter of 2023 from 121.40 factors within the second quarter of 2023. GDP Deflator in Canada averaged 62.09 factors from 1961 till 2023, reaching an all time excessive of 129.90 factors within the second quarter of 2022 and a report low of 11.80 factors within the second quarter of 1961. supply: Statistics Canada

GDP Deflator in Canada is predicted to be 131.05 factors by the top of this quarter, based on Buying and selling Economics international macro fashions and analysts expectations. Within the long-term, the Canada GDP Deflator is projected to pattern round 128.85 factors in 2025 and 131.42 factors in 2026, based on our econometric fashions.

In Canada, implicit worth indexes are a byproduct of the deflation process, obtained by dividing an expenditure sequence expressed at present costs by the corresponding sequence expressed at fixed costs. For all quantity aggregates printed within the Financial and Monetary Accounts, the implicit worth indexes are the chain Fisher worth indexes.

Precise Earlier Highest Lowest Dates Unit Frequency
123.60 121.40 129.90 11.80 1961 – 2023 factors Quarterly

Seasonally Adjusted

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