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Canada’s Economy Grew in May, with Slowdown Projected in June

Canada’s Economy Grew in May, with Slowdown Projected in June
The Canadian economy advanced 0.3% month-on-month (m/m) in May, coming in a tick below Statistics Canada’s advanced estimate of 0.4% m/m. However, April’s flat reading was revised upward by one-tenth providing an offset to this month’s figure. The flash estimate for June growth points toward a -0.2% m/m contraction. April’s reading was balanced, with output […] The post Canada’s Economy Grew in May, with Slowdown Projected in June appeared first on Action Forex... Read More
Posted: Jul 28 2023, 13:31
Author Name: actionforex
Views: 110780

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