CURRENT ECONOMIC INDICATORS — CANADA January 30, 2015 Economy at a glance Month-over-month % change unless otherwise indicated Jan-14 0.24 0.80 Feb-14 0.34 1.45 Mar-14 0.13 0.19 Apr-14 0.17 -0.29 May-14 0.54 0.78 Jun-14 0.33 0.97 Jul-14 0.08 -0.42 Aug-14 -0.06 -1.03 Sep-14 0.43 1.24 Oct-14 0.35 0.59 Nov-14 -0.23 -1.23 Dec-14 n/a n/a Employment (change in 000s) Employment Unemployment rate (%) 29.1 0.16 7.0 -3.3 -0.02 7.1 20.5 0.12 7.0 -20.7 -0.12 7.0 5.7 0.03 7.0 9.8 0.06 7.0 21.3 0.12 7.0 -19.9 -0.11 7.0 44.2 0.25 6.9 62.2 0.35 6.6 -16.3 -0.09 6.7 -11.3 -0.06 6.7 Average hourly wages (permanent, year/year %) 2.16 2.40 2.19 1.82 1.66 1.53 2.18 2.05 1.92 1.64 1.36 2.12 176.919 1.47 192.422 1.46 157.278 1.55 195.669 1.55 196.402 1.55 197.120 1.55 203.301 1.36 196.015 1.54 197.029 1.63 181.831 1.63 192.911 1.72 180.332 n/a Existing home sales (000s) 37.0 37.2 37.5 38.5 41.0 41.2 41.5 42.3 41.8 41.9 41.8 39.4 Average prices ( year/year %) 9.53 9.99 6.09 7.68 7.18 7.03 5.03 5.29 5.79 7.13 5.68 3.82 Motor vehicle sales All trade groups 1.07 0.98 0.72 0.78 -0.35 0.07 4.71 1.37 2.93 0.79 -2.28 1.15 8.85 0.00 -2.05 -0.21 2.71 0.85 -2.41 -0.04 -3.11 0.43 n/a n/a Real retail sales 1.00 0.30 0.00 1.04 0.57 0.58 0.16 0.01 0.94 0.03 0.75 n/a 0.30 2.87 4.46 1.67 0.86 15.34 0.15 0.16 -0.89 0.10 0.72 0.51 1.71 -1.38 -0.28 1.07 0.56 -0.31 2.51 0.18 0.29 -3.48 -0.66 -0.14 2.02 -0.47 1.25 -1.10 0.44 0.42 -1.43 -0.08 0.25 n/a n/a n/a -292.2 -0.3 0.01 -0.59 835.1 0.8 5.69 2.96 985.8 1.0 1.67 0.89 -118.9 -0.1 -2.88 1.20 478.7 0.5 4.43 2.17 1881.8 1.9 0.16 -2.60 2013.6 2.0 1.41 0.44 531.6 0.5 -2.50 3.08 307.5 0.3 1.14 -1.50 99.1 0.1 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 0.33 1.48 0.25 1.42 2.41 0.43 0.81 1.14 0.66 1.24 2.19 4.16 0.56 1.55 0.33 1.32 3.02 6.64 0.32 2.04 0.16 1.40 3.79 9.28 0.48 2.28 0.49 1.73 3.24 7.87 0.08 2.36 -0.08 1.82 3.04 9.39 -0.16 2.11 -0.08 1.74 2.86 2.50 0.00 2.11 0.49 2.06 2.57 -0.66 0.08 2.03 0.24 2.14 2.58 -1.26 0.08 2.36 0.32 2.30 2.41 -2.17 -0.40 1.95 -0.24 2.14 1.94 -3.98 -0.72 1.47 -0.32 2.23 n/a n/a 1.28 0.63 53.6 8.06 1.28 1.29 57.8 -11.26 1.28 -0.04 61.8 -3.22 1.33 1.30 51.1 2.20 1.33 2.35 52.2 15.37 1.38 0.95 49.7 16.38 1.38 -0.03 50.4 11.57 1.38 0.04 49.1 -27.29 1.38 1.82 65.2 12.46 1.33 0.09 54.2 2.13 1.28 -0.26 49.2 -13.80 n/a n/a 46.7 n/a 1.00 3.00 1.1138 13694.94 1244.27 94.640 0.96 2.36 140.0 1.00 3.00 1.1074 14209.59 1299.58 100.820 1.00 2.44 144.0 1.00 3.00 1.1055 14335.31 1336.08 100.800 1.06 2.45 139.0 1.00 3.00 1.0960 14651.87 1298.45 102.070 1.06 2.40 134.0 1.00 3.00 1.0842 14604.16 1288.74 102.110 1.04 2.22 118.0 1.00 3.00 1.0670 15146.01 1279.10 105.790 1.11 2.26 115.0 1.00 3.00 1.0904 15330.74 1310.59 103.590 1.10 2.16 106.0 1.00 3.00 1.0873 15625.73 1295.23 96.540 1.10 2.00 90.0 1.00 3.00 1.1200 14960.51 1236.56 93.210 1.14 2.20 106.0 1.00 3.00 1.1271 14613.32 1222.49 84.370 1.04 2.05 101.0 1.00 3.00 1.1440 14744.70 1175.33 75.790 1.00 1.93 93.0 1.00 3.00 1.1601 14632.44 1200.94 59.280 1.01 1.79 78.0 Real GDP Industrial production Labour market Housing market Housing starts (000s) New housing price index (year/year %) Consumer Manufacturing Manufacturing shipments Inventories Unfilled orders Trade Trade balance ($ billions) Exports Imports Prices Consumer price index (year/year %) Core CPI, BoC measure (year/year %) Industrial product price index (year/year %) Raw materials price index (year/year %) Other indicators Leading indicator (Index to 2007) Wholesale trade Ivey purchasing managers index Building permits (residential and non-residential) Financial markets at a glance (End of month, unless otherwise indicated) Overnight rate (%) Canadian prime rate (%) Canadian dollar spot (CAD per US$) S&P TSX (monthly average) Gold prices (US$ per ounce; monthly average) WTI crude oil (US$ per barrel; monthly average) 2yr bond yield (%) 10-year bond yield (%) Yield curve (10yr-2yr) basis points Source: Reuters, Statistics Canada, Bank of Canada, Canada Mortgage & Housing Corporation, Canadian Real Estate Association, Richard Ivey School of Business © Royal Bank of Canada. The material contained herein is the property of RBC Financial Group and may not be reproduced in any way, in whole or in part, without express authorization of the copyright holder in writing. The statements and statistics contained herein have been prepared by RBC Economics Research based on information from sources considered to be reliable. We make no representation or warranty, express or implied, as to its accuracy or completeness. This publication is for the information of investors and business persons and does not constitute an offer to sell or a solicitation to buy securities.
© Copyright 2024