Advertisement

Real GDP up 0.2% in January, led by manufacturing: StatsCan

The Canadian Press

OTTAWA – Statistics Canada says the economy grew by 0.2 per cent in January after shrinking 0.2 per cent in December.

It says manufacturing was the largest contributor to the increase in real gross domestic product.

Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.

Get weekly money news

Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.

Manufacturing output expanded 1.2 per cent in January, following a 1.9 per cent decline in December

Goods production grew 0.4 per cent and mining, quarrying and oil and gas extraction also increased.

The agriculture and forestry sector and construction declined.

The output of service industries was up 0.2 per cent in January, mainly as a result of gains in wholesale trade, arts and entertainment and the public sector.

Sponsored content

AdChoices