Statistics Canada released the latest annual GDP price indexes for Canada, showing a steady rise over the past five years. The overall index, based on a 2017=100 baseline, increased from 104.3 in 2020 to 126.6 in 2024. Final domestic demand climbed from 109.4 to 124.8 in the same period. Final consumption expenditure rose from 105.0 to 121.5, while exports of goods and services grew from 100.8 to 134.2. Imports of goods and services also expanded, moving from 104.3 to 126.7. Non‑durable goods spending increased from 103.9 in 2020 to 128.2 in 2024, while services rose from 104.6 to 120.0. Durable goods and semi‑durable goods also showed growth, reaching 115.9 and 105.5 respectively in 2024. The data, published on 28 November 2025, illustrate continued inflationary pressure in Canada’s economy.
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