Loading
NewsroomPress release

Québec’s real GDP down 0.1% in July 2026

Québec, October 27, 2026. – In July 2026, Québec’s real gross domestic product (GDP) was down 0.1% from the previous month following a 0.5% increase in June 2026. This was revealed in Produit intérieur brut par industrie au Québec, juillet 2026 released today by the Institut de la statistique du Québec.

1.	Percentage change in gross domestic product by industry valued at basic prices in chained dollars (2017), seasonally adjusted and annualized.

Production of goods up 0.4%

The output of goods-producing industries was up 0.4% in July after rising 0.6% in June. The gains in July came mainly from manufacturing (+0.5%) mining, quarrying, and oil and gas extraction (+2.8%), and construction (+0.5%).

The increase observed in July in the manufacturing sector was due in large part to computer and electronic product manufacturing (+5.4%), plastics and rubber products manufacturing (+4.5%), and chemical manufacturing (+2.2%).

 Service production down 0.3%

Output in the service industries was down 0.3% in July following a 0.4% increase in the previous month. The drop in July came mainly from wholesale trade (-3.5%), and to a lesser extent, from public administration (-0.6%) and retail trade (-0.8%). In contrast, accommodation and food services (+2.2%) posted growth.

Cumulative total for the first seven months of 2026: Québec’s real GDP up 0.3%

For the first seven months of 2026, Québec’s real GDP was 0.3% higher than in the same months of 2025. The sectors that contributed the most to this increase are real estate and rental and leasing (+1.9%), finance and insurance (+3.3%), and to a lesser extent, transportation and warehousing (+2.5%). However, the manufacturing (-1.9%) and public administration (-1.0%) sectors negatively impacted real GDP growth.

Canada’s real GDP stable in July 2026

According to data published by Statistics Canada on September 29, 2026, Canada’s real GDP remained stable in July after posting a 0.4% increase in June. The output of both goods and service industries also remained relatively stable in July. For the first seven months of 2026, Canada’s real GDP was 1.1% higher than in the same months of 2025.

Real gross domestic product by industry1
(percentage change)

  2025 2026


Annual change Monthly change Cumulative change2

June July

Québec 0.6 0.5 -0.1 0.3
Canada 1.7 0.4 0.0 1.1

1. Gross domestic product levels by industry are valued at basic prices in chained dollars (2017), seasonally adjusted and annualized.
2. First seven months of 2026 compared with the same months of 2025.

Sources
Institut de la statistique du Québec and Statistics Canada.


The Institut de la statistique du Québec is the public body responsible for providing reliable, objective statistical information about Québec society. The relevance of its work makes it a strategic ally for decision makers and an essential source of information for all those wishing to learn more about Québec.

Media relations
Information and Documentation Centre

Phone: 418-691-2401
or 1-800-463-4090 (toll-free in Canada and the United States)
E-mail: cid@stat.gouv.qc.ca

Comments
Was the information on this page useful to you?