Canadian May monthly GDP data
Details:
- Goods producing +0.6%
- Service producing +0.5%
- Mining, quarrying, oil & gas +1.8% m/m and +6.4% y/y
- Utilities -2.4%
This was a solid report that wasn't driven by and clear one-off. 19 of 20 industrial sectors rose while all services-producing industrial rose. The jump in mining, quarrying, oil & gas should Canada