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Canada in November 2011 the economy six months for the first time atrophy

Release Date:2012-05-05  Hits:260
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Canada's economic bright spot in the month is a manufacturing and retail. Manufacturing output increased 0.6 percent growth for the third consecutive month, while the biggest increase in four months, mainly due to the increase in foreign demand for motor vehicle production World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor . In addition, motor vehicles and parts and clothing sales increase driven by retail sector output growth of 0.6 percent growth for the fourth consecutive month.



The data show that in Canada in November last year, GDP was 1.27 trillion yuan (about 1.26 trillion U.S. dollars), had expected an increase of 0.2%. In October last year, Canada's total economic output was flat with the previous month.



The data show that Canadian crude oil and natural gas mining industry's output fell by 2.5% in November last year, the biggest drop in six months, crude oil and natural gas exports also fell. Excluding crude oil and gasoline refining, mineral output increased by 0.3%, mainly due to the increase in total production of copper, nickel, lead and zinc.



In addition, the month output value of wholesale trade in Canada fell 0.6% World Steel Pipe News , construction output fell 0.3%, finance and insurance sector output fell 0.4%, public sector output fell 0.6 percent.


Statistics Canada data released on January 31 show that the energy output fell dragged down Canada in November last year, gross domestic product (GDP) unexpectedly fell 0.1% contraction for the first time in the past six months.

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