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Canada GDP for March +0.1% vs +0.1% expected

  • Prior month -0.2%
  • GDP Q/Q +0.5% vs 0.5% prior
  • Goods producing industries xx% versus -0.6% last month
  • Services producing industries xx% versus -0.1% last month
  • Advanced estimate for the month of April +0.1%

Exports of goods drove the growth in the first quarter of 2025, followed
by accumulations of business non-farm inventories. Higher imports and
weak residential structure resale activity tempered overall growth in
the first quarter.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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