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Canada's January GDP monthly growth rate expands to 0.5%

Canada's January GDP monthly growth rate expands to 0.5%. The best immigration news is available on the Worldway Immigration official website.

世贸通
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    Follow Canadian immigration and stay updated on the Canadian economy: Data released by Statistics Canada on Monday (March 31) shows that Canada's Gross Domestic Product (GDP) growth in January 2014 outperformed market expectations, as factory output growth reached its fastest pace since mid-2011.

 

Canada's January GDP monthly growth rate expands to 0.5%

 

Data shows that Canada's January GDP monthly growth rate expanded to 0.5%, marking the largest increase in the past six months, with an expected growth of 0.4%. Canada's GDP reached 1.61 trillion Canadian dollars in January.

The 0.5% decline in December 2013 was not revised. Analysts have largely attributed the 0.5% monthly decline in December 2013 GDP to weather factors.

By sector, Canada's goods-producing sector and manufacturing industry grew by 2.0% in January; the mining, quarrying, and oil and gas extraction sectors grew by 1.2%; the service sector grew by 1.3%; while the retail and wholesale sectors grew by 0.7%.

Investment involves risks, the above information is for reference only

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Besides US and European Residency, What Fast Citizenship by Investment and Passport Immigration Programs Does WorldWay Offer?

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