Canadian Economy In January Grows By 0.7%, Feb Seen Up 0.5%

0 415

Canada’s economy expanded for a ninth consecutive month in January, rising by 0.7% on gains in both goods and services, and it most likely gained 0.5% in February as restrictions to fight COVID-19 were lifted, Statistics Canada said on Wednesday.

Analysts polled by Reuters had predicted that gross domestic product would grow by 0.5% from December.

-Reuters

Leave A Reply

Your email address will not be published.