Real gross domestic product (GDP) Canada was essentially unchanged in May, following a 0.3% expansion in April.
Growth in services-producing industries (+0.4%) was offset by a decline in goods-producing industries (-1.0%), as 14 of 20 industrial sectors increased in May.
Advance information indicates that real GDP increased 0.1% in June as output was up in the construction, manufacturing, and accommodation and food services sectors.
Decreases were recorded in the mining, quarrying and oil and gas extraction sector (notably in the oil and gas extraction subsector), in the finance and insurance sector, and in the professional, scientific and technical services sector.
On a quarterly basis, this advance information for real GDP by industry indicates a 1.1% increase in the second quarter of 2022.
Owing to their preliminary nature, these estimates will be updated on August 31 with the release of the official GDP data for June and the second quarter of 2022.