Monthly indicators - Percentage change from the preceding period, Québec and Canada

    Key seasonally adjusted economic indicators. Percentage change over the previous period, unless otherwise indicated.

    Québec


    Monthly indicators 2022 2023 2023
         
        Year to date March April May June July August

    Real GDP at basic prices 2.6 0.7 0.0 – 0.3 0.1      
    Real international merchandise exports 4.0 2.6 4.9 – 2.1 2.2 – 3.2 8.1  
    Real international merchandise imports 5.0 – 1.2 3.4 – 1.6 8.6 2.4 – 7.0  
    Housing starts – 15.8 – 36.7 – 24.2 6.8 – 18.4 13.0 8.7 38.5
    Residential building permits – 7.5 – 24.5 – 10.6 – 5.0 21.4 7.3 – 1.9  
    Non-residential building permits 5.3 1.1 115.3 – 60.5 36.7 43.0 – 16.3  
    Sales of manufactured goods 16.8 – 0.2 2.3 – 2.9 – 2.6 0.3 3.5  
    Wholesale sales 6.1 15.4 16.1 0.0 2.8 – 0.6 2.3  
    Retail sales 8.5 4.0 – 1.1 0.5 – 1.6 1.3    
    Average weekly earnings, including overtime 4.0 2.7 0.4 1.1 1.1 0.3    
    Labour force (change in K) 49.6 108.3 3.4 4.2 – 5.2 11.3 – 3.1 4.8
    Employment (change in K) 129.7 112.6 – 1.6 10.5 1.6 – 8.4 – 8.5 14.8
         Full-time (change in K) 91.4 77.1 19.1 0.1 9.1 – 5.2 – 36.3 10.8
         Part-time (change in K) 38.4 35.5 – 20.8 10.6 – 7.6 – 3.2 27.8 4.0
    Unemployment rate (change in % points) – 1.8 – 0.2 0.1 – 0.1 – 0.1 0.4 0.1 – 0.2
    Participation rate (change in % points) 0.2 0.6 0.0 0.0 – 0.2 0.1 – 0.1 – 0.1
    Employment rate (change in % points) 1.3 0.8 – 0.1 0.1 0.0 – 0.2 – 0.3 0.1
    Consumer price index, non-sea. ad. (annual change in %) 6.7 4.7 4.7 4.8 4.0 3.6 3.9 4.6
    U.S. exchange rate in cents, non-sea. ad. (change in ¢) – 2.93 – 3.93 – 1.26 1.07 – 0.19 1.29 0.42 – 1.52

    Canada

     

    Monthly indicators 2022 2023 2023
         
        Year to date March April May June July August

    Real GDP at basic prices 3.6 2.0 0.0 0.0 0.2 – 0.2    
    Real international merchandise exports 1.5 6.6 – 0.5 3.9 – 1.0 – 3.8 0.7  
    Real international merchandise imports 6.8 – 0.7 – 4.9 0.9 4.0 1.2 – 4.0  
    Housing starts – 3.4 – 7.8 – 11.4 22.0 – 22.7 40.9 – 10.0 – 1.0
    Residential building permits 2.6 – 13.0 – 0.3 – 4.0 12.5 – 1.3 5.4  
    Non-residential building permits 17.5 8.6 25.8 – 37.9 15.0 23.6 – 11.5  
    Sales of manufactured goods 18.1 1.4 0.6 – 1.1 1.4 – 2.0 1.6  
    Wholesale sales 11.8 42.7 41.4 4.9 1.8 – 6.2 5.3  
    Retail sales 8.3 2.2 – 1.5 1.0 0.1 0.1    
    Average weekly earnings, including overtime 3.1 2.8 1.0 0.5 0.4 0.3    
    Labour force (change in K) 306.5 463.1 21.3 46.6 17.5 114.0 13.3 54.2
    Employment (change in K) 750.7 470.8 34.7 41.4 – 17.3 59.9 – 6.4 39.9
         Full-time (change in K) 654.9 434.5 18.8 – 6.2 – 32.7 109.6 1.7 32.2
         Part-time (change in K) 95.9 36.3 15.9 47.6 15.5 – 49.8 – 8.1 7.8
    Unemployment rate (change in % points) – 2.2 – 0.1 0.0 0.0 0.2 0.2 0.1 0.0
    Participation rate (change in % points) 0.0 0.1 – 0.1 0.0 – 0.1 0.2 – 0.1 – 0.1
    Employment rate (change in % points) 1.5 0.3 0.0 0.0 – 0.3 0.1 – 0.2 – 0.1
    Consumer price index, non-sea. ad. (annual change in %) 6.8 4.1 4.3 4.4 3.4 2.8 3.3 4.0
    U.S. exchange rate in cents, non-sea. ad. (change in ¢) – 2.93 – 3.93 – 1.26 1.07 – 0.19 1.29 0.42 – 1.52

      
    – For greater accuracy, the changes presented are calculated from unrounded figures.
    – The year-to-date change represents the variation in all observable periods, expressed in relation to the same periods of the previous year. When annual gross value and changes are available, they are presented.
    – In April 2020, the CMHC's monthly survey was carried out in all Canadian provinces except Québec. As a result, the April 2020 data for Québec is not available and the April 2020 data for Canada excludes Québec.
    – Annual sales of manufactured goods are calculated from the monthly survey.
    – Numbers in bold have been revised since last Friday.
      
    Sources : Institut de la statistique du Québec,
                      Statistics Canada,
                      Mortgage and Housing Corporation (housing starts),
                      Bank of Canada (exchange rates).
     
    Update : September 20, 2023
    Symbols used in tables
    .. Data not available
    ... Not applicable
    Void or zero
    Negligible data
    p Preliminary data
    r Revised data
    e Estimated data
    x Confidential
    F Data unreliable
    n.e.s. Not elsewhere specified
    p.-y. Person-year
    f.t.e Full-time equivalent
    Per thousand
    kg Kilogramme
    l Liter
    n Number
    t Metric ton
    $ In dollars
    k and '000 In thousands
    M and '000 000 In millions
    G In billions
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