HomeLive CommentsCanada GDP posted first monthly decline in 8 months, by -0.1%

Canada GDP posted first monthly decline in 8 months, by -0.1%

ActionForex
By ActionForex

Canada GDP contracted -0.1% mom in October, below expectation of 0.1% mom. That’s also the first decline in eight months. Goods-producing industries had the second consecutive monthly decline, by -0.5% mom. Services-producing industries were essentially unchanged. Overall, 13 of 30 industrial sectors still posted growth in the month.

Full release here.

Start Trading
Start Trading
Start Trading
Start Trading
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

Load more

Learn Forex Trading