Sentences with phrase «predicts real gross domestic product»

Canadian growth exceeded the bank's expectations and it now predicts real gross domestic product will expand at an annual rate of 2.6 per cent in 2017 — up from its January forecast of 2.1 per cent.

Not exact matches

For 2018, it's now predicting two per cent growth, as measured by real gross domestic product, compared to its 2.2 per cent prediction in January.

For 2017, it's now predicting three per cent growth, as measured by real gross domestic product, compared with its 3.1 per cent prediction in October.

Dhawan also predicted that the real gross domestic product will increase by 2.1 percent in the third quarter and that the economy will continue its moderate, yet steady, pace of recovery in the fourth quarter with 2.3 percent growth.