OTTAWA, March 28 (Reuters) - The Canadian economy grew by 0.4% in January, on increases in mining, quarrying, and oil and gas extraction, as well as manufacturing, Statistics Canada said on Friday.

February GDP was most likely unchanged, the agency said in a flash estimate.

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The goods-producing sector was up 1.1% in January, while the service-producing sector increased by 0.1%.

(Changes in percent)

Jan Dec(rev) Dec(prev) Jan yr/yr

All industries +0.4 +0.3 +0.2 +2.2

Goods +1.1 +0.4 +0.3 +2.4

Services +0.1 +0.3 +0.2 +2.2

NOTE - All figures are seasonally adjusted. Analysts in a Reuters survey had forecast January GDP to be up 0.3%.

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Keywords: CANADA ECONOMY/GDP

https://www.reuters.com/world/americas/canada-economy-up-04-january-most-likely-unchanged-february-2025-03-28/