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    HomeLive CommentsCanada's GDP grows 0.2% mom in Jul essentially unchanged in Aug

    Canada’s GDP grows 0.2% mom in Jul essentially unchanged in Aug

    ActionForex
    By ActionForex

    Canada’s GDP grew 0.2% mom in July, above expectation of 0.1% mom. Services-producing industries grew 0.2% mom while goods- producing industries rose 0.1% mom. Overall, 13 of 20 sectors expanded in July.

    Advance information indicates that real GDP was essentially unchanged in August. Increases in oil and gas extraction and the public sector were offset by decreases in manufacturing and transportation and warehousing.

    Full Canada GDP release here.

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