HomeLive CommentsCanada GDP grew 0.1% mom in Aug, above expectations

Canada GDP grew 0.1% mom in Aug, above expectations

ActionForex
By ActionForex

Canada GDP rose 0.1% mom in August, above expectation of 0.0% mom. Services-producing industries grew 0.3% mom but goods-producing industries contracted -0.3%). 14 of 20 industrial sectors grew.

Advance information indicates that GDP growth continued in September by 0.1% mom. With that, GDP growth reached 0.4% in Q3.

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