By Ovunc Kutlu
ISTANBUL (AA) - Canada's real gross domestic product (GDP) grew 0.2% in May, the country's statistical body said Wednesday.
"Real gross domestic product (GDP) grew for the fourth time in five months," Statistics Canada said in a statement.
The figure came slightly higher than market expectations of 0.1%, after showing 0.3% growth in April.
In May, 15 of 20 sectors showed increases in the month, while manufacturing sector led the growth in May with a 1% gain, rising for a second consecutive month.
"The increase in May was the largest since January 2023 as both durable and non-durable manufacturing rose in May 2024," said the statement.