Canada's GDP increases 0.1 pct in March
Xinhua
31 May 2025, 01:15 GMT+10
OTTAWA, May 30 (Xinhua) -- Canada's real gross domestic product (GDP) by industry edged up 0.1 percent in March after contracting 0.2 percent in February, Statistics Canada said Friday.
The goods-producing industries aggregate led the growth, driven by a rebound in the mining, quarrying, and oil and gas extraction and construction sectors in March, said the national statistical agency.
According to the agency, real GDP by industry continued expanding with 0.4 percent increase in the first quarter, following the same increase in the previous quarter. Goods-producing industries led the increase for the first time since the first quarter of 2022. Services-producing industries increased for the 19th consecutive quarter.
Advance information indicated that real GDP increased 0.1 percent in April, said Statistics Canada.
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