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Canada: GDP was unchanged in February following three months of growth

Gross domestic product was unchanged in February following three months of growth said Statistics Canada on Thursday.

  • Gains in service-producing industries were offset by declines in goods-producing industries
  • Service-producing industries were up 0.2% in February following a 0.5% gain in January, the highest monthly growth rate since January 2013. Goods-producing industries were down for the first time since October, declining 0.3% in February.

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