UPDATE 1-Canada GDP stays strong, up 0.4 pct in July

Newswire

(Adds details, edits throughout) OTTAWA, Sept 30 (Reuters) - The Canadian economy powered ahead in July, rising a strong 0.4 percent, a figure likely to increase pressure on the Bank of Canada to keep pushing interest rates up. Statistics Canada said on Monday that July gross domestic product was helped higher by a 1.5 percent climb in industrial production, a sector where output had not changed in June, when GDP growth was just 0.1 percent. A Reuters survey of economists, on average, ...

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