Gross domestic product expanded by 0.2 per cent in July, Statistics Canada said today, better than Juneâ€™s revised 0.1 per cent and the 0.1 per cent than economists had expected.
Julyâ€™s gains were driven by the manufacturing and utilities sectors, while mining, oil and gas, and construction suffered setbacks.
Manufacturing, which has been hit of late, bounced back by 0.6 per cent on the heels of Juneâ€™s 0.7-per-cent slump.
Big ticket items also climbed, by 0.7 per cent, largely due to computers and electronic gadgets.
Retail trade climbed 0.6 per cent.
via Globe and Mail
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