The manufacturing sector was the largest negative contributor this month, falling 1.5%. (Photo: The Canadian Press)
OTTAWA – Canada’s real gross domestic product was essentially flat in July after falling 0.2% in June, Statistics Canada said Friday.
According to the federal agency, production in the services sector rose by 0.1% during the month, while production in the goods sector contracted by 0.3%.
The manufacturing sector was the largest negative contributor this month, falling 1.5%.
After a decline in June due to wildfires, the mining and quarrying sectors (excluding oil and gas production) as well as the manufacturing services, accommodation and food services sectors recorded progress, Statistics Canada said.
Excluding oil and gas, production in the mining and quarrying sector rose 4.2% in July, while production in accommodation and food services rose 2.3%.
Statistics Canada said its preliminary estimates for August suggested a 0.1% increase, with gains in wholesale trade and the financial and insurance sectors partially offset by declines in retail trade and oil and gas production. The agency reminded that these figures are preliminary and will necessarily be revised before their official publication in a month.
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