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GDP falls 0.1% in November, says Statistics Canada

GDP falls 0.1% in November, says Statistics Canada

India Blooms News Service | @indiablooms | 31 Jan 2019, 02:35 pm

Ottawa, Jan 31 (IBNS): Statistic Canada has said the real Gross Domestic Product (GDP) fell by 0.1% in the month of November, media reports said.

The decrease sort of balanced the increase of 0.3% in October.

The overall dip in GDP came despite having an upsurge in 13 out of 20 industrial sectors.

The wholesale trade sector dipped 1.1%.

The manufacturing sector also contracted. It has gone down by 0.5% in November.

Image credit: Bank of Canada Facebook

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