Canada’s gross domestic product (GDP) showed no growth in November after declining by 0.3% in October, according to data released moments ago by Statistics Canada. This fell short of expectations of 0.1% growth, as a contraction in manufacturing industries offset expansions in the services sector.

Specifically, manufacturing industries fell by 0.3% in November, marking their third decline in four months. This was driven by contractions in the manufacturing, agriculture, and forestry sectors. Meanwhile, the services sector grew by 0.1%, supported by expansions in the trade, education, transportation, and warehousing sectors.

The goods-producing sector grew by 0.6% in August, marking its fifth contraction this year. The services sector declined by 0.1%, its first drop in six months, driven by contractions in the transportation, warehousing, and wholesale trade sectors.