HomeLive CommentsCanada GDP rose 0.3% in Dec, above expectation of 0.1%

Canada GDP rose 0.3% in Dec, above expectation of 0.1%

Canada GDP rose 0.3% mom in December, beat expectation of 0.1% mom. Growth is recorded in 15 of 20 industrial sectors. Both goods-producing and services-producing industries expanded, led by rebounds in transportation and warehousing and in the mining, quarrying, and oil and gas extraction sector. Also released, RMPI dropped -2.2% in January versus expectation of 2.1%. IPPI dropped -0.3% versus expectation of 0.1%.

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