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Reuters

Reuters

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Business & Economics

Canada's GDP contracts by 0.2% in November, likely rebounded following month

Reuters
Summary
Nutrition label

82% Informative

Canada 's economy shrinks by 0.2% in November on a monthly basis from a 0.3% rise in October .

Analysts polled by Reuters had estimated the GDP to drop by 01% and economists foresee a bounce-back in December .

Currency swap markets trimmed the chances of a 25 -basis-point rate cut by the Bank of Canada .

VR Score

93

Informative language

98

Neutral language

91

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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