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Canada's Economy Tracks 0.2% Growth in August

Original: Canada Economy Tracking 0.2% Growth in August

Canada's economy is tracking modest growth of 0.2% for August, according to figures reported by Bloomberg. The reading points to continued but sluggish expansion, likely keeping attention on the Bank of Canada's next interest rate decisions as policymakers weigh weak momentum against inflation pressures. Analysts and markets are watching whether growth holds up in the months ahead.

Why now: Fresh monthly GDP tracking data is being weighed for what it signals about the Bank of Canada's next moves on interest rates.

CanadaBloombergBank of Canada

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