(Adds detail) OTTAWA, July 31 (Reuters) - Canada's economy grew slightly less than expected in May, but at a still-strong 0.3 percent pace from the previous month, as retail and wholesale trade surged, Statistics Canada said on Tuesday. Analysts had forecast, on average, gross domestic product growth of 0.4 percent after retail sales jumped 2.8 percent in the month, the biggest monthly gain in nearly a decade. The economy has expanded by 0.3 percent to 0.4 percent in five of the seven ...
Premium Content (PAID Subscription Required)
"UPDATE 1-Shoppers help Canada's economy rebound in May" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.