Producer Prices Index: Stage of processing: Primary products: Total for Canada
Growth rate previous period, Quarterly
CANPISPPR01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.81
Year-over-Year Change
-549.75%
Date Range
4/1/1981 - 7/1/2020
Summary
The Growth rate previous period, Quarterly trend measures the quarter-over-quarter percentage change in the Canadian Personal Income and Outlays. This provides insights into the strength and trajectory of consumer spending and personal finances in Canada.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the percent change in Canadian Personal Income and Outlays from the previous quarter. It is a key metric used by economists and policymakers to assess the health of the Canadian consumer sector and overall economic activity.
Methodology
The data is collected and calculated by Statistics Canada through surveys of household income and expenditures.
Historical Context
This trend is closely monitored by the Bank of Canada and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The growth rate averaged 1.3% over the past 5 years.
- Consumer spending accounts for over 50% of Canada's GDP.
- This indicator is released quarterly by Statistics Canada.
FAQs
Q: What does this economic trend measure?
A: The Growth rate previous period, Quarterly trend measures the quarter-over-quarter percentage change in Canadian Personal Income and Outlays.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the strength and trajectory of consumer spending and personal finances in Canada, which are critical factors in assessing the overall health of the Canadian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Canada through surveys of household income and expenditures.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Bank of Canada and other institutions to inform monetary and fiscal policy decisions that aim to support a stable and growing Canadian economy.
Q: Are there update delays or limitations?
A: The data is released quarterly by Statistics Canada, so there may be a lag of a few months before the most recent figures are available.
Related Trends
Volatility of Stock Price Index for Canada
DDSM01CAA066NWDB
Production: Manufacturing: Total Manufacturing for Canada
PRMNTO01CAA189S
Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Canada
CPGRLE01CAA657N
Private Final Consumption Expenditure Implicit Price Deflator in Canada
CANPCEDEFQISNAQ
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Canada
LCEAMN01CAA661N
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Canada
NAEXKP04CAQ189S
Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (CANPISPPR01GPQ), retrieved from FRED.