HomeLive CommentsCanada GDP contracted -0.1% mom in Jul, to rise 0.7% mom in...

Canada GDP contracted -0.1% mom in Jul, to rise 0.7% mom in Aug

Canada GDP dropped -0.1% mom in July, better than expectation of -0.2% mom. Total activity remains -2% below pre-pandemic level in February 2020. Overall, 13 of 20 industrial sectors were up. Preliminary information indicates approximate 0.7% rise in real GDP for August.

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