Sunday, May 19, 2013

Economy grew by 0.3%

OTTAWA—Statistics Canada says the economy grew by 0.3 percent in April, after rising 0.1 percent in March.
The agency says most of the April increase came in mining and oil and gas extraction and, to a lesser extent, wholesale trade.

Transportation services as well as the agriculture, forestry, fishing and hunting sector also increased.
Retail trade, manufacturing, accommodation and food services and the public sector declined.
Mining and oil and gas extraction rose 2.7 percent in April after declines of 2.0 percent in February and 1.1 percent in March.
Wholesale trade was up 1.2 percent in April, a fifth consecutive monthly increase.

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