OTTAWA, June 27 (Xinhua) -- Canada's real gross domestic product (GDP) edged down 0.1 percent in April, following 0.2 percent increase in March, Statistics Canada said on Friday.
The goods-producing industries were down 0.6 percent in April, with the manufacturing sector accounting for nearly all the decline, said the national statistical agency.
According to the agency, the manufacturing sector was down 1.9 percent in April, the largest drop since April 2021. The transportation equipment manufacturing subsector was the largest contributor to the decline, coinciding with lower exports of passenger cars and light trucks as some motor vehicle manufacturers scaled back production amid uncertainty related to tariffs imposed on motor vehicle exports to the United States.
Advance information indicates that real GDP decreased 0.1 percent in May, said Statistics Canada. ■
