Officials said they'll use the time to assess the impacts of U.S. tariffs and try to work out a deal
The government called for increased domestic demand and consumer spending amid worries about deflation
The ECB appears to be winning its battle to get inflation back to its 2% target of 2%
Economy grew by 0.1% for the quarter and 0.9% overall in 2024
It now expects the economy to grow at just 0.3% this year
GDP contracted by 0.2% last year
The slowdown in factory activity was due to a 'decline in the output component': economist
A Chinese Foreign Ministry spokesperson urged Canada to 'not politicize economic and trade issues'
The downgraded estimate follows a jobs report for July that was much worse than expected
Subdued consumer spending also contributed to the slow rebound
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