Canadian GDP beat estimates in July, but slowed in August, potentially bolstering case for larger rate cut
- Posted on September 27, 2024
- By The Globe and Mail
- 3 Views
Canadian GDP beat estimates in July, but slowed in August, potentially bolstering case for larger rate cut
The preliminary estimate for August showed GDP was ‘essentially unchanged’ last month, suggesting the economy lost momentum through the back half of the summer
