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Canada's GDP unexpectedly shrank 0.1% in April.

27.06.2025 15:52

Canada's April gross domestic product (GDP) unexpectedly contracted by 0.1% month-over-month, falling short of market expectations of zero growth. This decline signifies a slight setback for the Canadian economy.

While the initial forecast predicted stagnation, the actual result reveals a modest economic contraction. Analysts will now be scrutinizing the contributing factors behind this unexpected dip in economic activity. Further investigation is needed to determine the extent and impact of this slowdown.

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