FX & CFD trading involves significant risk
Statistics Canada released GDP (gross domestic product) growth data on Thursday. Canada's GDP growth rose 0.6% in January, exceeding expectations for a 0.3% gain, after a 0.2% increase in December.
The increase was mainly driven by rises in manufacturing, retail trade, and mining, quarrying, and oil and gas extraction.
The mining, quarrying, and oil and gas extraction sector rose 0.9% in January, manufacturing output increased 1.9%, while the retail trade sector climbed 1.5%.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.