Canada's economy declined in November - News - Dukascopy Bank

Wed, 01 Feb 2012 09:46:07 GMT
Source: Bloomberg
 
© Scanpix/Reuters
Canadian economy unexpectedly contracted in November, pushed down by crude manufacturers' shutdowns and the decrease in natural gas production. Canada's GDP fell 0.1% to USD 1.27 trillion in November for the first time in 6 months, said Statistics Canada. Economists questioned by Bloomberg predicted an increase of 0.2%.

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