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Gains in spectator sports, decline in mining, oil and gas

Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

The result was unexpectedly strong amid inflation and rising interest rates

Household savings rate rose to 5.7% in Q3; oil exports helped drive GDP growth

Economy will ‘stall’ in months ahead: CIBC economist

Fisheye and Aerial View of Beijing Skyline at Night

Private sector forecasters say the economy will expand by as little as 3% this year

Real estate will play "a significant role" in the downturn for some provinces, BMO chief economist says

  • By: IE Staff
  • October 20, 2022 October 20, 2022
  • 15:21
a man on a precipice

The bleak projections come as central banks around the world raise interest rates to tame inflation

Direction of stock market.opportunity time.buy and sell.change for chance.positive thinking

The poor performance was the second consecutive quarter of economic contraction

growth in challenging times

Some banks expect third-quarter growth of about 1%

Recession now expected for Europe this year, U.S. in 2023