Canada’s GDP flat in Dec, up 0.2% qoq in Q4

Canada’s GDP rose 0.2% qoq in Q4, recovering from Q3’s -0.1% decline. Statistics Canada noted that higher exports (up 1.4%) and reduced imports (down -0.4%) fuelled GDP growth, but this was moderated by a decline in business investment. In December, GDP was flat for the month, below expectation of 0.2% mom. Goods-producing industries contracted -0.2% […]

The post Canada’s GDP flat in Dec, up 0.2% qoq in Q4 appeared first on Action Forex.