Canadian GDP data for July 2020
- Prior was +6.5%
- All 20 industrial sectors posted increases
- Prelim August estimate +1.0%
- Manufacturing sector +5.9%
- Accommodation and food services +20.1%
The economy is still about 6% below Feb levels.
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Canada July GDP +3.0% vs +2.9% m/m expected
Canada July GDP +3.0% vs +2.9% m/m expected
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