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Canada August GDP 0.0% vs +0.1% expected

July advanced reading was 0.0%Prior was 0.0%September advance GDP 0.0%Services +0.1%Goods -0.2%Wholesale trade +2.3%The mining, quarrying, and oil and gas extraction sector rose 1.2%Manufacturing -0.6%Accommodation and food services declined 1.8%The transportation and warehousing sector increased 0.8%Retail trade contracted 0.7%So July, August and September GDP are all at 0.0%. That makes it really easy to calculate Q3 GDP.As for the bigger picture, a flat reading for Q3 GDP could quickly turn i... Read More

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Canada

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Posted: Oct 31 2023, 12:30

Author Name: forexlive

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