- Analytics
- News and Tools
- Market News
- Canadian real gross domestic product (GDP) expanded 0.3% in October, following a 0.1% decrease in September
Canadian real gross domestic product (GDP) expanded 0.3% in October, following a 0.1% decrease in September
There was growth in 15 of 20 industrial sectors, led by increases in manufacturing, finance and insurance and wholesale trade.
The rise in manufacturing was the main reason for the 0.3% increase in goods-producing industries after two monthly declines. Services-producing industries grew 0.3%, their strongest increase since May 2018, on widespread growth across sectors.
The manufacturing sector expanded 0.7% in October, almost fully offsetting the declines in August and September. Both durable (+0.9%) and non-durable (+0.4%) manufacturing increased. The increased output in October partly reflected increased inventories.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
