Canada GDP grew 0.1% mom in Jun, but to contract -0.1% mom in Jul

Canada GDP grew 0.1% mom in June, matched expectations. Services-producing industries grew 0.2% mom while goods- producing industries rose 0.1% mom. 14 of 20 industrial sectors expanded in the month. Advance information indicates that real GDP edged down by -0.1% mom in July. Output was down in the manufacturing, wholesale, retail trade and utilities sectors. Declines were partly […]

The post Canada GDP grew 0.1% mom in Jun, but to contract -0.1% mom in Jul appeared first on Action Forex.