Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

RBC Previews This Week's GDP Data in Canada

BY MT Newswires | ECONOMIC | 10/27/25 10:22 AM EDT

10:22 AM EDT, 10/27/2025 (MT Newswires) -- RBC said it expects that the August gross domestic product was flat in Canada.

Canada is scheduled to release the August GDP on Friday at 8:30 a.m. ET.

Wholesale and manufacturing sales both declined after rising in July, and the bank estimates a pullback in the mining sector to partially reverse a 1.4% month-over-month jump in July.

Other service industries likely posted growth, led by a 1.0% month-over-month increase in retail sales.

Early indicators for the advance GDP estimate for September are limited, stated the bank. Hours worked contracted 0.2% month over month and the advance forecast of September retail sales was down 0.7% month over month.

However, the advance manufacturing sales estimate bounced back 2.8%, which, if confirmed, would be the largest one-month increase since February 2022.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article