(Ottawa) Statistics Canada indicates that the economy has contracted for a second consecutive month in May, but that rebound signs were observed in June.
The federal organization indicates that the real domestic product (GDP) fell 0.1 % in May, the same decline as in April.
Statistics Canada explains the decline in May by the situation in goods producing goods, especially those of mines, careers and oil and gas.
The manufacturing sector increased by 0.7 % in May, partially compensating for a 1.8 % drop in April, when American customs duties entered into force.
Statistics Canada indicates that, according to its first estimates, real GDP should grow by 0.1 % in June thanks to the vigor of retail and wholesale trade, but that the manufacturing sector should again retreat.
Overall, the organization indicates that the preliminary data for the second quarter of the year show that the economy has remained essentially unchanged.
