Canada GDP Edges Higher as Resource Sector Offsets Manufacturing Weakness

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Canada’s economy expanded by 0.1% mom in January, beating expectations of a flat reading, as strength in resource-related sectors helped offset ongoing weakness in manufacturing. Goods-producing industries rose 0.2% mom for a second consecutive month, supported by gains in mining, quarrying, and oil and gas extraction, alongside construction and utilities. These gains more than compensated […]The post Canada GDP Edges Higher as Resource Sector Offsets Manufacturing Weakness appeared first on ActionForex.