Canada’s Economy Sputters in May; June Growth to Tick Back Up 

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Canadian GDP in May printed in line with expectations, falling for a second consecutive month by 0.1% month-on-month (m/m). GDP growth in June is expected to tick higher, reversing some of this month’s pullback. Compositionally, 13 of 20 industries registered a decrease on the month. Goods industries contracted again (-0.1% m/m), while the services sector […]The post Canada’s Economy Sputters in May; June Growth to Tick Back Up  appeared first on Action Forex.