OTTAWA, Aug 31 (Reuters) - Canada's economy grew at an annualized rate of 4.5 percent in the second quarter on the strength of household expenditure and goods exports, Statistics Canada said on Thursday.
Economic growth continued to outpace the United States, which grew at 3.0 percent in the same quarter. Growth in both goods-producing and service-producing industries helped push June's GDP growth up by 0.3 percent. Following are seasonally adjusted figures for gross domestic product, in percent. With the exception of the price index data, they are adjusted for inflation.
Q2
Q1
Q4 Annualized change
+4.5 +3.7 +2.7 Change from previous quarter +1.1 +0.9 +0.7 Quarterly change in GDP
-0.3 +1.0 +1.2
implicit price index NOTE: The median forecast of analysts in a Reuters poll was for 3.7 percent annualized growth in the quarter and June GDP growth of 0.1 percent.