Daily Market Updates: Canada GDP Stalls Again in August, September Estimate Points to Contraction

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Canada GDP Stalls Again in August, September Estimate Points to Contraction

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Canada’s economy stagnated for a second consecutive month in August, with real GDP essentially unchanged against market expectations of 0.2% growth. The weakness may have extended into September, as Statistics Canada’s advance estimate points to a 0.1% contraction, driven by declines in manufacturing and mining, quarrying, and oil and gas extraction. Despite the subdued monthly […] The post Canada GDP Stalls Again in August, September Estimate Points to Contraction appeared first on ActionForex .

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Action ForexCanada GDP Stalls Again in August, September Estimate Points to Contraction

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Canada GDP Stalls Again in August, September Estimate Points to Contraction

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