The newest composite leading index for April rose by 0.4 per cent, twice the pace of March, but the composition shows the trigger for growth was almost exclusively on the commodity export side.
Higher resource prices contributed to an eighth consecutive month of growth in the
As well, wheat prices were strong in part due to the turmoil in
Meanwhile, manufacturing was flat in the month and housing fell for the sixth consecutive month.
The labour component was also soft with claims for employment insurance experiencing the largest jump in almost three years.
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