Canada’s Gross Domestic Product (GDP) grew 1.7% in the first quarter, in the annualized reading, according to the official reading published this Friday, 31. Analysts interviewed by FactSet predicted a higher increase of 2.3%.
The result, in any case, was above the fourth quarter in the country. In this case, the previously reported annualized increase of 1.0% was revised downwards, to a growth of just 0.1%.
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