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Canada GDP for May +0.3% versus +0.3% expected

Prior month 0.0% revise to +0.1%May GDP 0.3% versus 0.3% expectedGoods producing industries -0.3%Service producing industries +0.5%12 of 20 industrial sectors posted increasesFor the month of June ahead the projection shows:Advanced GDP estimate for June -0.2%May GDP was aided by a rebound in wholesale and public administration; the latter boosted by the end of a government strike in April. However there was a drag from the oil and gas industry as companies curtailed operations due to forest fir... Read More

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Posted: Jul 28 2023, 12:30

Author Name: forexlive

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