Home / Breaking News / Canada: Real GDP Contracts by 0.3% in May as Expected

Canada: Real GDP Contracts by 0.3% in May as Expected

Canada’s Real Gross Domestic Product (GDP) contracted at a monthly rate of 0.3% in May, the data published by Statistics Canada showed on Friday. This print followed April’s decline of 0.5% and came in line with the market expectation.

Check Also

Bitcoin Climbs Above $111,000 as Trade Tensions Ease and Inflation Cools

Bitcoin extended its rebound on Friday, climbing near $111,000 and heading for a solid weekly …