Canadian GDP fell by 0.1% in August. Recall that in July this figure remained unchanged from the previous month.
The main reason for decline of the economy of Canada in the reporting period was the loss of oil and natural gas. In addition, the decline in GDP affected by decline in industrial production, decline in wholesale trade, agriculture and forestry.
At the same time, growth in the public sector, retail trade and construction somewhat soothed by the fall in the above sectors.
The main reason for decline of the economy of Canada in the reporting period was the loss of oil and natural gas. In addition, the decline in GDP affected by decline in industrial production, decline in wholesale trade, agriculture and forestry.
At the same time, growth in the public sector, retail trade and construction somewhat soothed by the fall in the above sectors.
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