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

Adel 30 July, 2021 5:46 pm Breaking News, Market Update

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.

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