{"id":27194,"date":"2021-07-04T13:49:00","date_gmt":"2021-07-04T13:49:00","guid":{"rendered":"https:\/\/www.banglanewsus.com\/english\/?p=27194"},"modified":"2021-07-04T13:49:00","modified_gmt":"2021-07-04T13:49:00","slug":"canadas-real-gdp-contracted-0-3pc-in-april","status":"publish","type":"post","link":"https:\/\/www.banglanewsus.com\/english\/2021\/07\/04\/canadas-real-gdp-contracted-0-3pc-in-april\/","title":{"rendered":"Canada&#8217;s real GDP contracted 0.3pc in April"},"content":{"rendered":"<p><strong>News Desk: <\/strong>Canada&#8217;s real gross domestic product (GDP) shrank 0.3 per cent in April 2021, according to Statistics Canada on Wednesday.<\/p>\n<p>The total value of all the goods and services produced in Canada&#8217;s economy shrank for the first time in a year in April due to the unprecedented impact of COVID-19.<\/p>\n<p>The country&#8217;s total economic activity remained at about 1.0 per cent below its level before the onset of the COVID-19 pandemic in February 2020, reports Xinhua.<\/p>\n<p>Overall, 12 of 20 industrial sectors were down as gains in goods-producing industries, which rose 0.5 per cent, were more than offset by contractions in services-producing industries, which fell 0.6 per cent.<\/p>\n<p>The retail trade, construction and real estate rental and leasing sectors contributed the most to the declines while the finance and insurance, and wholesale trade sectors posted gains.<\/p>\n<p>Preliminary numbers for May suggest that the economy shrank again in May by another 0.3 per cent, according to Statistics Canada.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>News Desk: Canada&rsquo;s real gross domestic product (GDP) shrank 0.3 per cent in April 2021, according to Statistics Canada on Wednesday. The total value of all the goods and services produced in Canada&rsquo;s economy shrank for the first time in a year in April due to the unprecedented impact of COVID-19. The country&rsquo;s total economic activity remained at about 1.0 per cent below its level before the onset of the COVID-19 pandemic in February 2020, reports Xinhua. Overall, 12 of 20 industrial sectors were down as gains in goods-producing industries,<\/p>\n","protected":false},"author":6,"featured_media":27195,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[],"_links":{"self":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/27194"}],"collection":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/comments?post=27194"}],"version-history":[{"count":1,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/27194\/revisions"}],"predecessor-version":[{"id":27196,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/27194\/revisions\/27196"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/media\/27195"}],"wp:attachment":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/media?parent=27194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/categories?post=27194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/tags?post=27194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}