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    Canada's GDP growth is flat in February | 30.04.2015

     

    Statistics Canada released GDP (gross domestic product) growth data on Thursday. Canada's GDP growth was flat in February, after a 0.2% decline in January.

     

     

    January's figure was revised down from a 0.1% decrease.

     

     

    The GDP growth was driven by a rise in the retail sector. Retail-sector output jumped 1.5% in February. It was the first rise in three months.

     

     

    Resource-sector output declined 0.6% in February as support activities for mining and oil and gas extraction plunged 15.4%.

     

     

    Manufacturing output fell 0.8% in February.


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