Canadian GDP fell by 0.1% month-on-month (m/m) in April, underperforming Statistics Canada’s advanced guidance for an uptick in growth. GDP growth in May is expected to pull back by another 0.1% m/m per the updated flash estimate. Compositionally, 10 of 20 industries registered a decrease on the month. Goods industries fell by their largest margin […]
The post Canada’s Economy Underdelivers in April, Continued Weakness Expected in May appeared first on Action Forex.