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Canada's economy growth slows down in April

OTTAWA
2022-05-31 23:07

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OTTAWA, May 31 (Xinhua) -- Canada's economy growth slowed down in April with advance information indicating that real gross domestic product (GDP) increased 0.2 percent, according to Statistics Canada data published on Tuesday.

The national statistical agency said that output was up in the mining, quarrying and oil and gas, transportation and warehousing and wholesale trade sectors.

Notable decreases were recorded in the real estate and rental and leasing, finance and insurance, manufacturing and construction sectors, the agency said.

GDP rose 0.7 percent in March, following a 0.9 percent expansion in February. Broad-based increases across most sectors in March were led by client-facing industries, Statistics Canada said.
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