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Canadian building permits 11.8% vs. -4.2% forecast

Published 08/09/2014, 13:30
Canadian building permits 11.8% vs. -4.2% forecast
Investing.com - The number of building permits issued in Canada fell less-than-expected last month, official data showed on Monday.

In a report, Statistics Canada said that Canadian building permits fell to a seasonally adjusted annual rate of 11.8%, from 16.4% in the prior month whose figure was revised up from 13.5%.

Analysts had expected Canadian building permits to fall to -4.2% last month.

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