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The Daily Friday, May 31, 2024

Press Release

May 31, 2024

Gross domestic product, income and expenditure, first quarter 2024

Real gross domestic product (GDP) increased 0.4% in the first quarter, after posting no change in the fourth quarter of 2023 (revised down from 0.2%). In the first quarter of 2024, higher household spending on services was the top contributor to the increase in GDP, while slower inventory accumulations moderated overall growth.

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Gross domestic product by industry, March 2024

Real gross domestic product was essentially unchanged as both goods-producing and services-producing industries showed little movement in March.

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Food availability, 2023

In 2023, many commodities, such as pork, chicken and wheat flour, saw increases in Canadian production. However, from July 1, 2022, to July 1, 2023, Canada’s population saw one of its highest 12-month growth rates (+2.9%) since 1957 (+3.3%). As a result, many commodities experienced a decline in per capita availability in 2023.

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Canadian Agricultural Partnership Survey, 2023

Data from the 2023 Canadian Agricultural Partnership Survey are now available upon request.

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Energy statistics, March 2024

Primary energy production decreased 1.0% to 2.0 million terajoules in March, largely due to declines in production of coal and electricity. Secondary energy production was down 0.4%.

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Couriers and Messengers Services Price Index, April 2024

The Couriers and Messengers Services Price Index (2019=100) is now available for April.

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For-hire Motor Carrier Freight Services Price Index, first quarter 2024

The For-hire Motor Carrier Freight Services Price Index (2021=100) is now available for the first quarter.

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Freight Rail Services Price Index, May 2024

Data for May for the Freight Rail Services Price Index (2018=100) are now available.

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Real-time local business conditions, May 20 to 26, 2024

Weekly data on real-time local business conditions are now available for May 20 to 26, 2024.

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