UPDATE 1-Canada economy grew 0.2 pct in August

Newswire

(Adds detail) OTTAWA, Oct 31 (Reuters) - Canada's economy grew by a stronger-than-expected 0.2 percent in August, led by strong growth in retail trade and crude oil production while utilities declined and manufacturing stagnated, Statistics Canada said on Wednesday. The result topped analysts' median forecast of a 0.1 percent expansion in gross domestic product for August but was in line with the average pace of growth so far in 2007. Both goods and services industries expanded by 0.2 ...

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