Canada’s Economy Likely Missed Central Bank’s Third Quarter Growth Forecast

A factory worker works on an aircraft part, as the robot arm of an automated five-axis cell operates autonomously nearby, at Abipa Canada, in Boisbriand, Que., on May 10, 2023. Reuters/Evan Buhler

OTTAWA—Canada’s gross domestic product was unchanged in August before likely expanding by 0.3 percent in September, data showed on Thursday, indicating the economy might have missed the central bank’s growth forecast for the third quarter.

The reading for August matched the median forecast of analysts polled by Reuters.