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Canada’s real GDP was unchanged in August for the second consecutive month, as declines in wholesale trade and oil and gas extraction offset growth in retail trade, which rose 1.2%, and manufacturing. The services sector contracted by 0.1%, while goods-producing industries grew by 0.1%. Preliminary estimates point to 0.3% economic growth in the third quarter, despite a 0.1% decline in GDP in September. The data are scheduled to be updated and official figures released on November 30.
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