Canada Q4 GDP +0.2% vs -0.3% q/q prior ...Middle East

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Canada Q4 GDP +0.2% vs -0.3% q/q prior
source : forex live ( Middle East ) () 12
Prior -0.3%; revised to -0.1%Annualised GDP +1.0% vs +0.8% q/q expectedPrior -1.1%; revised to -0.5%December GDP 0.0% vs +0.2% m/m expectedPrior +0.2%Despite flat growth in December, Canadian Q4 GDP surprisingly beat estimates with a better revision to the Q3 numbers to boot. Of note, higher exports and reduced imports helped to bolster GDP growth on the quarter. This was slightly offset by a drop in business investment. This article was written by Justin Low at www.forexlive.com.

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