HomeLive CommentsCanada GDP rose 0.3% in Dec, above expectation of 0.1%

Canada GDP rose 0.3% in Dec, above expectation of 0.1%

Canada GDP rose 0.3% mom in December, beat expectation of 0.1% mom. Growth is recorded in 15 of 20 industrial sectors. Both goods-producing and services-producing industries expanded, led by rebounds in transportation and warehousing and in the mining, quarrying, and oil and gas extraction sector. Also released, RMPI dropped -2.2% in January versus expectation of 2.1%. IPPI dropped -0.3% versus expectation of 0.1%.

ActionForex
ActionForex
ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

Latest Analysis

Learn Forex Trading