UPDATE 1-Snow leads to slight fall in Canada leading index

Newswire

(Adds Statistics Canada analysis) OTTAWA, Jan 23 (Reuters) - Unusually heavy snow helped depress Canada's composite leading indicator by 0.1 percent in December, after two months of no growth in the index, Statistics Canada said on Wednesday. The snow severely curtailed housing construction and reduced hours worked. Excluding the 2.5 percent drop in the housing index, the composite leading index would have been flat in December. The past three months have been the most protracted ...

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