Le Canada entre en récession technique après deux trimestres de contraction

Le Canada est entré en récession technique après avoir enregistré deux trimestres consécutifs de croissance négative du PIB réel depuis le quatrième trimestre 2025. Les actions canadiennes ont progressé lors de la dernière séance boursière de mai, malgré cette nouvelle.

Cette évolution fait suite à une croissance négative du PIB réel au cours du dernier trimestre de 2025 et du premier trimestre de 2026. Les marchés ont fait preuve de résilience, les actions ayant progressé à la fin du mois.

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Illustration of Mexico's economy showing GDP contraction with charts and Mexico City skyline
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Mexico economy contracts 0.6 percent in first quarter of 2026

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Mexico's gross domestic product fell 0.6 percent in the first quarter compared with the prior period, according to final Inegi data released Friday. The contraction was smaller than expected and revives debate over possible further rate cuts by Banxico.

Real GDP grew at a 1.6 percent annual rate in the first quarter of 2026. The figure fell short of the 2.0 percent forecast but showed an increase from the 0.5 percent rate recorded in the fourth quarter of 2025.

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India's economy expanded 7.8 percent in the March quarter, beating forecasts and lifting full-year growth for fiscal 2026 to 7.7 percent. The result was supported by strong private investment and consumption.

The latest Relevamiento de Expectativas de Mercado (REM) from the Banco Central has raised inflation expectations for March and the rest of 2026. Consultancies forecast 3.0% for March, with an annual projection of 29.1%. They also updated estimates for the dollar, GDP, and unemployment.

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Argentina's monthly economic activity estimator (EMAE) recorded a 2.1% year-over-year drop and a 2.6% seasonally adjusted decline in February 2026, INDEC reported. Manufacturing industry contracted 8.7% and commerce 7.0% year-over-year.

Colombia's economy grew 2.2% year on year in the first quarter of 2026, according to Dane data. The main driver was state spending on consumption and public administration.

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