HomeLive CommentsCanada GDP rose 0.4% mom in Oct, 6th consecutive rise

Canada GDP rose 0.4% mom in Oct, 6th consecutive rise

ActionForex
By ActionForex

Canada GDP rose 0.4% mom in October, above expectation of 0.3% mom. That’s the sixth consecutive month of increase. Overall, total economic activity was about -4% below February’s pre-pandemic level. Goods-producing industries rose 0.1% mom. Services-producing industries rose 0.5%. Activity rose in 16 of 10 industrial sectors.

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