Canada: GDP slows in Q3

By FXstreet.com,  November 30, 2012, 08:57:00 AM EDT

FXstreet.com (Córdoba) - Canadian gross domestic product ( GDP ) rose 0.1% in the third quarter, slowing from the 0.4% growth in the second quarter, while annualized GDP for the same period rose 0.6% versus the 0.9% gain expected. "The slower pace of growth was the result of declines in exports and business investment", Statistics Canada says.

On a monthly basis, real GDP by industry was unchanged in September, against expectations of a 0.1% rise.




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This article appears in: Investing, Forex and Currencies

Referenced Stocks: GDP



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