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The Daily Tuesday, August 2, 2016

Press Release

July 29, 2016

Gross domestic product by industry, May 2016

Real gross domestic product fell 0.6% in May, the largest monthly decline since March 2009. The decrease in May was primarily due to lower non-conventional oil extraction, a consequence of the Fort McMurray wildfire and evacuation.

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Industrial product and raw materials price indexes, June 2016

The Industrial Product Price Index rose 0.6% in June, mainly due to higher prices for energy and petroleum products. The Raw Materials Price Index increased 1.8%, as a result of higher prices for crude energy products.

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Computer and peripherals price indexes, June 2016

In June, prices for commercial computers increased 0.4% and prices for computers sold to consumers declined 0.3% from May. In the case of computer peripherals, monitor prices fell 0.6% and printer prices were up 0.7%.

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Commercial Software Price Index, June 2016

The Commercial Software Price Index (CSPI) decreased 0.8% in June compared with the previous month.

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Food services and drinking places, May 2016

Sales in the food services and drinking places subsector edged down 0.1% from the previous month to $5.4 billion in May. Prices for food purchased from restaurants rose 2.6% in the 12 months to May.

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Spending on research and development in the higher education sector, 2014/2015

Total expenditures on research and development (R&D) in Canada’s higher education sector edged up 0.6% to $12.9 billion in 2014/2015, after declining in 2013/2014. The gain was attributable to higher spending in the natural sciences and engineering field, as expenditures in the field of social sciences and humanities were unchanged.

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