Economics

The Economics Division provides comprehensive information and advice on the provincial economy, including research, analysis and monitoring of macroeconomic trends, industry development opportunities, economic performance, government policies and development initiatives. The Division is responsible for economic forecasting, economic impact analysis, demographic analysis, population projections, occupational projections and providing a range of economic inputs into the overall Budget preparation process. In addition to research reports on a broad range of topics and issues relevant to the provincial economy, Economics is also responsible for the publication of the budget document, The Economy and the midyear Economic Update.

Recently Updated Date Headline
Consumer Price Index Bulletin May 19, 2026 Consumer Inflation Rate was 3.6% in April 2026.
Urban Housing Starts Bulletin May 15, 2026 Urban Housing Starts Up 90 Units in April 2026.
New Motor Vehicle Sales Bulletin May 14, 2026 New Motor Vehicle Sales Down 13.9% in March 2026.
Labour Market Bulletin May 8, 2026 Employment Down 1.9% in April 2026.
Oil Production Bulletin Apr 30, 2026 Oil Production Up 14.2% in March 2026.
Publications Apr 29, 2026 The Economy 2026
Selected Economic Indicators Apr 29, 2026 Selected Economic Indicators Forecast 2016-2030f
Retail Sales Bulletin Apr 24, 2026 Retail Sales Down 2.2% in February 2026.
Population Bulletin Mar 18, 2026 Population stood at 548,557 as of January 1, 2026.
Inflation Calculator Feb 10, 2026 Updated with Consumer Price Index Data for 2025.
Publications Dec 16, 2025 2025 Economic Update
Publications Jul 9, 2025 Business Sector Productivity in Newfoundland and Labrador 1997-2024.
Population Projections Jun 3, 2025 Population Projections for Newfoundland and Labrador 2025 to 2044.