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Canada GDP unchanged for the third month in Oct

Canada’s GDP was essentially unchanged for a third consecutive month in October, below expectation of 0.2% mom growth. Services producing industrial edged by 0.1% mom while goods-producing industries were essentially unchanged. The 20 industrial sectors evenly split between increases and decreases.

Advance information indicates that GDP rose 0.1% mom in November.

Full Canada GDP release here.

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