- Prior was +1.7% (revised to +1.8%)
- m/m
- Prior was +0.2%
- Services industries +0.1% vs +0.1% prior
- Goods -0.4% vs +0.4% prior
- Manufacturing -1.5% vs +1.0% prior
- July advance GDP 0.0%
Real gross domestic product was essentially unchanged in June, following a 0.1% increase in May. Goods-producing industries (-0.4%) saw its largest decrease since December 2023 as declines in manufacturing and construction were partially offset by increases in utilities and agriculture. Services-producing industries (+0.1%) increased for the third consecutive month in June 2024. Overall, 12 of 20 sectors expanded in June.
Canada June GDP