Canada GDP Edged Down 0.1% in January

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  • 29 Mar '18 at 6:08 pm #15857
    Assistanc3
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    Canada’s GDP was down…

    [article]679[/article]

    29 Mar '18 at 6:12 pm #15858
    Assistanc3
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    The drop in output in January puts the economy on track for sub- 2 per cent growth for a third straight quarter, which would be the slowest stretch of growth since 2015. Compared to a year earlier, January output was up 2.7 per cent, the smallest year- over-year gain in 11 months.

    On the plus side, Statistics Canada revised up its estimate for December GDP growth to 0.2 per cent from 0.1 per cent initially.

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