Markit’s July PMI survey suggests that both GDP growth and inflation could increase to around 4% in the coming months. We doubt that either will rise that high, but the risks to the outlook seem to lie to the upside and the chance of the Bank of Canada raising rates further this year has increased.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services