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Canada: Real GDP expanded 0.3% in October vs 0.2% estimated

"Real gross domestic product (GDP) expanded 0.3% in October, following a 0.1% decrease in September," Statistics Canada reported on Friday.

Key takeaways from the press release

  • There was growth in 15 of 20 industrial sectors, led by increases in manufacturing, finance and insurance and wholesale trade.
  • The rise in manufacturing was the main reason for the 0.3% increase in goods-producing industries after two monthly declines.
  • The wholesale trade sector rose 1.0% in October.

Brazil Current Account above forecasts ($-1.9B) in November: Actual ($-0.795B)

Brazil Current Account above forecasts ($-1.9B) in November: Actual ($-0.795B)
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Canada: Retail sales increased 0.3% to $51.0 billion in October

"Retail sales increased 0.3% to $51.0 billion in October," Statistics Canada announced on Friday. Key takeaways from the press release Higher sale
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