Canada's GDP rises


Vancouver, Mar 29 (IANS): Canada's real gross domestic product rose 0.2 percent in January after a 0.2-percent decrease in December, Statistics Canada said.

The growth was mainly driven by the growth in manufacturing, which expanded 1.2 percent in January, following a 1.9-percent decline in December, reported Xinhua.

Mining, quarrying and oil and gas extraction increased 0.2 percent in January, up for a fourth consecutive month. In contrast, the agriculture and forestry sector and construction declined.

The output of service industries was up 0.2 percent in January, mainly as a result of gains in wholesale trade, arts and entertainment, and the public sector, the agency said.

On the other hand, the finance and insurance sector and transportation and warehousing services were down.

  

Top Stories


Leave a Comment

Title: Canada's GDP rises



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.