Canada’s GDP essentially unchanged in Aug, missed expectations

<p><img width="531" height="325" src="https://www.actionforex.com/wp-content/uploads/featured-images/f-canada1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p>
<p>Canada&#8217;s GDP was flat at 0.0% mom in August, essentially unchanged for a second month, below expectation of 0.1% mom growth. Services producing industries edged up by 0.1% mom in the month while goods-producing industries contracted -0.2% mom. Overall, 8 of 20 industrial sectors increased. Statistics Canada noted, &#8220;factors such as higher interest rates, inflation, [&#8230;]</p>
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