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Real GDP rose 0.1 per cent in April, same gain as in March: StatsCan

OTTAWA – Statistics Canada says the economy grew by 0.1 per cent in April, the same pace as in March.

Economists had expected a gain of 0.2 per cent, according to Thomson Reuters.

Statistics Canada says the output of service industries increased 0.3 per cent in April, led by wholesale and retail trade. The output of goods-producing industries fell 0.3 per cent as a result of declines in all major sub-sectors except manufacturing.

Wholesale trade rose 1.3 per cent in April, led by increases in machinery, equipment and supplies as well as building materials and supplies.

Retail trade grew 0.8 per cent in April, following a 0.1 per cent decline in March.

After increasing for three consecutive months, mining, quarrying and oil and gas extraction declined 0.6 per cent in April.

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