Canadian GDP MoM (Dec) M/M 0.2 vs. Exp. 0.1 (Prev. 0)
Newsquawk Staff ·
Canadian GDP MoM (Dec) M/M 0.2 vs. Exp. 0.1 (Prev. 0)
What it means
The Canadian GDP print for December came in at 0.2%, exceeding expectations of 0.1% and marking an improvement from a previous reading of zero. This better-than-expected growth could support a more optimistic outlook for the Canadian economy, potentially influencing Bank of Canada policy discussions on interest rates moving forward.
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