Fxstreet.com (Barcelona) - Gross domestic product grew by 0.1% in September, while on yearly basis it rose by 2.9%, according to the latest report by Statistics Canada.
Second quarter's growth rate was upwardly revised to a 3.8% increase from the 3.4% initial estimation. August monthly increase was left unchanged in the 0.2% growth rate increase posted the previous month.
Service industries output rose by 0.9% in the third quarter, while goods industries production declined by 0.1%. Further upward contribution to the GDP growth was pushed by performance in wholesale trade, finance and insurance, construction, mining, and accomodation and food services. Declines in manufacturing, utilities, and forestry and logging were negative contributors.