Home :: World

Canada's economy grows slightly

Canada,Business/Economy, Sat, 30 Jun 2012 IANS

Vancouver, June 30 (IANS) Canada's real gross domestic product grew 0.3 percent in April, after edging up 0.1 percent in March, according to official statistics.

Most of the increase was attributed to mining, and oil and gas extraction, which rose 2.7 percent after declining 2.0 percent in February and 1.1 percent in March, said Statistics Canada Friday.

The growth was also driven by the increase of wholesale trade, which was up 1.2 percent, a fifth consecutive monthly rise, reported Xinhua.

Transportation and warehousing services rose 0.7 percent, as trucking and rail transportation benefited from the strength in mining and wholesale trade, said the statistics agency.

The output of agriculture, forestry, fishing and hunting sector also grew in April.

However, retail trade fell 0.8 percent in the month after increasing 0.5 percent in March. Output decreased at clothing and clothing accessories stores, new car dealers as well as general merchandise stores.

Production in manufacturing, accommodation and food services and the public sector also declined.



Read More: Canada | N.t.p.c./sector-10 Faridabad | June Pargaon | June Mohide | Goverdhan Hiwara | Wangi | Mohkhed | Pohner | Pimpri Bk. | Rajegaon | Shirasdevi | Takarwan | Talkhed So | Warola | Waghora | Mategoan | June Belgaum | Friday Market | June Belda | K.sector

LATEST IMAGES
Seminar organized by Delhi State Medical Convention and DPCC Temperature hits high in New Delhi Water shortage in Delhi Delhi MP meets Haryana CM to discuss Munak Canal issue Auto-Drivers thanks Delhi CM on hiking Auto fares

SUDIPTA SEN REMANDED TO JUDICIAL CUSTODY
May 19, 2013 at 11:02 AM
MORE...
Social bookmark this page



Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments: