
News
Real GDP up 0.2 per cent in January, led by manufacturing: StatsCan
March 28, 2013 by The Canadian Press
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.
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.
Advertisement
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.
Advertisement
Stories continue below