Canada: Sluggish Growth, Slowing Inflation, Softer Currency
<p><img width="612" height="459" src="https://www.actionforex.com/wp-content/uploads/2023/04/f-can63.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2023/04/f-can63.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/04/f-can63-600×450.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/04/f-can63-150×113.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/04/f-can63-300×225.jpg 300w, https://www.actionforex.com/wp-content/uploads/2023/04/f-can63-560×420.jpg 560w, https://www.actionforex.com/wp-content/uploads/2023/04/f-can63-80×60.jpg 80w, https://www.actionforex.com/wp-content/uploads/2023/04/f-can63-265×198.jpg 265w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Summary Incoming data continues to point to increasing challenges and slower growth for the Canadian economy ahead. Past monetary tightening has led to a significant rise in the household debt servicing burden, while forward-looking surveys point to a softening business outlook. Amid this backdrop, we have lowered our Canadian GDP growth forecasts for 1.1% for […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/fundamental-analysis/524609-canada-sluggish-growth-slowing-inflation-softer-currency/">Canada: Sluggish Growth, Slowing Inflation, Softer Currency</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>
Leave a Comment