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

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.