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Canada GDP down -0.1% mom in Dec, but expected to rebound in Jan

Canada GDP contracted -0.1% mom in December, worse than expectation of 0.2% mom expansion. Goods-producing industries declined -0.6% while service-producing industries were essentially unchanged. For Q4, GDP grew 0.2% qoq, slowest pace since Q2, 2021. Services producing industries rose 0.5% qoq while goods-producing industries contracted -0.6% qoq. Advance information indicates that real GDP grew 0.3% […] The post Canada GDP down -0.1% mom in Dec, but expected to rebound in Jan appeared first on... Read More

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Posted: Feb 28 2023, 13:36

Author Name: actionforex

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