News brief

Québec GDP falls 0.1% as service industries contract

Québec's statistics agency reported October 27 that real provincial GDP fell 0.1% in July after rising 0.5% in June, with service output down 0.3% while goods production rose 0.4%. Wholesale trade contracted 3.5% and retail trade fell 0.8%, giving businesses sector-level evidence to consider in budgeting and demand forecasts without establishing a sustained economic downturn.

Québec's statistics agency reported October 27 that real provincial GDP fell 0.1% in July after rising 0.5% in June, with service output down 0.3% while goods production rose 0.4%. Wholesale trade contracted 3.5% and retail trade fell 0.8%, giving businesses sector-level evidence to consider in budgeting and demand forecasts without establishing a sustained economic downturn.

Original source: Institut de la statistique du Québec, October 27, 2026.

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Original source Institut de la statistique du Québec, 2026-10-27 ↗

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