UPDATE 2-July GDP figure points to slower Canadian growth

Newswire

(Adds analysts, market reaction, detail) By Louise Egan OTTAWA, Sept 28 (Reuters) - Canada's economy grew by 0.2 percent in July, a more sluggish result than expected and pointing to softer third-quarter growth and less pressure on inflation as the central bank holds interest rates steady. Statistics Canada said on Friday that the energy sector contracted in July to offset the biggest monthly leap in wholesale trade in over three years. The growth rate was just below the market ...

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