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Canadian building permits -14.5% vs. -5.0% forecast

Published 08/07/2015, 13:30
© Reuters. Canadian building permits -14.5% vs. -5.0% forecast
Investing.com - The number of building permits issued in Canada fell more-than-expected last month, official data showed on Wednesday.

In a report, Statistics Canada said that Canadian building permits fell to a seasonally adjusted annual rate of -14.5%, from 12.1% in the prior month whose figure was revised up from 11.6%.

Analysts had expected Canadian building permits to fall to -5.0% last month.

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