Canadian GDP Falls Flat Even Before Coronavirus
Skerdian Meta • 1 min read
The GDP report from Canada was released a while ago. This was the report for February, which shows life as it was before coronavirus. The economy wasn’t doing particularly well even before the virus hit the country and in February it fell flat at 0.0%.
- Prior was +1.8%
- GDP m/m 0.0% vs 0.1% expected
- March industrial product price -0.9% vs -2.0% expected
- March raw materials price index -15.6% vs -4.7% prior