HomeLive CommentsCanada GDP grew 1.1% mom in Feb, to grow further in Mar

Canada GDP grew 1.1% mom in Feb, to grow further in Mar

ActionForex
By ActionForex

Canada GDP grew strongly by 1.1% mom in February, above expectation of 0.8% mom. That’s the fastest monthly growth since March 2021, and the ninth consecutive monthly expansion. Services-producing industries grew 0.9% while goods-producing industries grew 1.5%. 16- of industrial sectors expanded. Advance information indicates that GDP increased 0.5% mom in March.

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