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June 29, 2018CANADA GDP BY INDUSTRY, APRIL 2018 Real GDP in Canada increased 0.1 per cent in April 2018 compared to March 2018, after increases of 0.3 per cent in March and 0.4 per cent in February.
The output of the goods-producing industries increased 0.2 per cent in April. Manufacturing output was up 0.8 per cent with gains in durable (+1.0%) and non-durable (+0.6%). Manufacturing GDP increases were seen with machinery, non-metallic mineral, primary metals products, food products, chemical products, but petroleum and coal products declined 18.6 per cent due to maintenance work across the country. Utilities output was up 1.6 per cent with increased heating demand from colder than usual temperatures. Construction was down 0.5 per cent with lower residential building construction, repair construction and engineering and other construction.
Service-producing industries output was essentially unchanged in April. The retail sector was down 1.3 per cent in April with colder temperatures as a negative factor across several subsectors. Weather conditions may have also played a role in food services and drinking places (-0.9%) having its largest decline since December 2013. Offices of real estate agents and brokers increased for the first time in 2018 after new mortgage lending rules began in January.
The public sector grew 0.2 per cent in April with growth in education, health care and public administration.
GDP was 2.8 per cent higher in the first four months of 2018 (January to April ) than the same period in 2017. Year-to-date growth was 4.0 per cent in the goods-producing sector and 2.3 per cent in the service-producing sector.
Statistics Canada. Table 36-10-0434-01 Gross domestic product (GDP) at basic prices, by industry, monthly (x 1,000,000)
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