Forex Blog

August 20, 2010

Canada Sees Slowdown in Growth

The rate of growth in the Canadian economy slowed in July, falling to 0.4 percent from 0.7 percent the previous month. Most sectors continued to show increases, although Retail Sales fell by 0.6 percent. The real damage however, was the Housing Index which declined by 4.1 percent.

Source: BBC News

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