Canada: Annualized real GDP grows by 3.3% in Q2 vs. 4.5% expected – by eren_fxstreet Canada Macroeconomics GDP Growth
ed on Wednesday. This print followed the 3.1% growth recorded in the first quarter and missed the market expectation of 4.5%.was up 0.8%. "Growth in the second quarter was moderated by declines in housing investment and household spending on durable goods and by a rise in imports that exceeded exports," Statistics Canada noted in its publication. "Final domestic demand rose by 0.7%, following a 0.9% increase in the first quarter.
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