HomeLive CommentsCanada GDP contracts -0.2% mom in Jun, flat in Jul

Canada GDP contracts -0.2% mom in Jun, flat in Jul

Canada’s GDP contracted -0.2% mom in June, matched expectations. Services-producing industries was down -0.2% mom. Goods-producing industries were down -0.4% mom. 12 of 20 industrial sectors posted decreases.

Advance information indicates that real GDP was essentially unchanged in July.

Full Canada GDP release here.

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