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August 30, 2018CANADA GDP BY INDUSTRY, JUNE 2018 Real GDP in Canada was essentially unchanged in June 2018 compared to May, after increases of 0.5 per cent in May and 0.1 per cent in April.
The output of the goods-producing industries declined 0.2 per cent in June. Manufacturing increased by 0.3 per cent, with both non-durable (+0.4 per cent) and durable (+0.3 per cent) manufacturing expanding in June. The mining, quarrying and oil and gas extraction sector declined 0.9 per cent in June, as non-conventional oil extraction declined due to a power outage at a production facility in late June. Construction declined 0.2 per cent, with lower residential, repair, and engineering and other construction partially offset by higher non-residential construction. Utilities decreased 0.5 per cent in June while output from agriculture, forestry, fishing and hunting was essentially unchanged.
Service-producing industries output edged up 0.1 per cent in June. Wholesale trade was down 0.9 per cent with eight of nine subsectors contracting. The retail sector declined 0.2 per cent, with the largest drops in activity in motor vehicle and parts dealers and clothing and clothing accessories stores. There were notable increased at food and beverage stores, building material and garden equipment and supplies dealers, and non-store retailers. Food services and drinking places rose 1.0 per cent due to increased activity at full- and limited-service restaurants, and special food services. Offices of real estate agents and brokers were up 4.8 per cent, as home resale activity increased in the majority of Canadian markets.
GDP was 2.7 per cent higher in the first six months of 2018 (January to June) than the same period in 2017. Year-to-date growth was 3.8 per cent in the goods-producing sector, with all subsectors except agriculture, forestry, fishing and hunting (-0.2 per cent) reporting positive growth over the first half of 2017. The service-producing sector increased 2.3 per cent, with all subsectors reporting growth except information and cultural industries (-0.5 per cent) and management of companies and enterprises (-1.4 per cent).
Statistics Canada. Table 36-10-0434-01 Gross domestic product (GDP) at basic prices, by industry, monthly (x 1,000,000)
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