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HomeLive CommentsCanada GDP grew 0.1% mom in Oct, essentially unchanged in Nov

Canada GDP grew 0.1% mom in Oct, essentially unchanged in Nov

Canada GDP rose 0.1% mom in October, matched expectations. Services-producing industries expanded 0.3% while goods-producing industries contracted -0.7%. 11 of 20 industrial sectors grew.

Advance information indicates that real GDP was essentially unchanged in November. Increases in accommodation and food services and wholesale trade were offset by declines in construction as well as mining, quarrying and oil and gas extraction.

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